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The Federal Reserve will ban policymakers from buying individual stocks following trading controversy

The Fed's tougher rules on securities trading also include prohibiting purchases or sales during pe…

Carla Mozée   


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The Fed's watchdog is looking into whether officials' multimillion-dollar stock trades broke the law - after Elizabeth Warren piled on the pressure

The Fed's Office of Inspector General has been called in, after a report said Vice Chair Richard Cl…

Harry Robertson   


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Elizabeth Warren demands SEC investigate Fed officials' investments, saying their transactions could be insider trading

Warren also laid into Powell, a week after she vowed to oppose his re-appointment and called him a …

Ethan Wu   


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The Senate's banking committee chief will introduce legislation to ban Fed officials from owning individual stocks

Boston Fed President Eric Rosengren and Dallas Fed President Robert Kaplan, under fire for stock pu…

Carla Mozée   


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The Fed presidents who faced calls to resign over their controversial stock trading during the pandemic are stepping down

On Monday afternoon, Dallas Fed President Robert Kaplan announced that he would also be resigning i…

Ethan Wu   


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Fed presidents dump shares and apologize for the 'appearance' of conflicts of interest after big trades in companies like Apple and Tesla

"Doing things like this, although not prohibited by the rules, shows poor judgment and really hurts…

Ethan Wu   


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Rock-bottom interest rates before the pandemic made the coronavirus recession worse, Fed's Rosengren says

A build-up of risk in the low-rate environment "will make economic recovery from the pandemic more …

Ben Winck   


Emily Graffeo   


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Two Fed presidents should be fired for trading stocks while in office, advocacy groups say

Since the Fed polices Wall Street banks, it needs to "lead by example" and fire the officials who t…

Ben Winck   


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A full economic recovery will be 'very difficult' as long as COVID-19 remains a threat, Fed president Rosengren says

"Because of the continued community spread of the virus, I am concerned that the pandemic will limi…

Carmen Reinicke   


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Boston Fed president Eric Rosengren says more research is needed before the US launches a central bank digital currency

While the central bank acknowledges the advantages of CBDCs, the Fed's Eric Rosengren said they can…

Isabelle Lee   


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Global Economy Weekahead: Intangible 2016 Fed interest rate hike coming into focus

Minutes on Wednesday of the Federal Open Market Committee's September policy meeting, at which thre…

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Jerome Powell's chances of another Fed term are slipping amid stock-trading controversies, betting markets show

The Federal Reserve chair's second-term chances have fallen from about 80% in August to 61% as of M…

Matthew Fox   


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The Fed's vice chair made multimillion-dollar stock trades right before Jerome Powell signalled pandemic-driven policy action in 2020

Regional Fed president Clarida traded between $1 million to $5 million out of a bond fund into stoc…

Shalini Nagarajan   


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Shalini Nagarajan   


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'Big Short' investor Michael Burry slams the Fed for its trading scandal, warns of inflation using Costco, and deletes his Twitter profile again

The contrarian fund manager said the Federal Reserve has lost all credibility, and pointed to Costc…

Theron Mohamed   


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10 things before the opening bell

An analysis of Warren Buffett's investments, Morgan Stanley cuts Amazon price target, and China say…

Phil Rosen   


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Fed's Powell says he wasn't aware two top policymakers were actively trading stocks as he promises a review of rules

"We need to make changes, and we're going to do that as a consequence of this," Powell said. "This …

Shalini Nagarajan   


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FED'S ROSENGREN: The Tapering Should Be 'Very Slow' And Last 'Several Years'

"If the economy evolves as expected, policy should in my view include only a very slow removal of a…

Steven Perlberg   


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ECONOMIST: The US Consumer Will Drop 'Like Road Runner' Falling Off A Cliff

Sure, we feel richer thanks to the Federal Reserve's bond buying program, and the U.S. consumer is …

Linette Lopez  Â