Post by c2crusher on Sept 18, 2021 16:00:17 GMT
Fed Chief Powell, other officials owned securities central bank bought during Covid pandemic
CNBC found Powell owned municipal bonds of the same type bought by the Fed during the Covid-19 pandemic in 2020.
The central bank’s code of conduct says officials “should be careful to avoid any dealings or other conduct that might convey even an appearance of conflict between their personal interests, the interests of the system, and the public interest.”
www.cnbc.com/2021/09/17/fed-officials-owned-securities-it-was-buying-during-pandemic-raising-more-questions-about-conflicts.html?__source=sharebar|twitter&par=sharebar
CNBC found Powell owned municipal bonds of the same type bought by the Fed during the Covid-19 pandemic in 2020.
The central bank’s code of conduct says officials “should be careful to avoid any dealings or other conduct that might convey even an appearance of conflict between their personal interests, the interests of the system, and the public interest.”
www.cnbc.com/2021/09/17/fed-officials-owned-securities-it-was-buying-during-pandemic-raising-more-questions-about-conflicts.html?__source=sharebar|twitter&par=sharebar
