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2 mins read

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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1 min read

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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'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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1 min read

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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1 min read

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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Dallas Fed President Robert Kaplan made million-dollar stock trades in Tesla, Amazon, and Facebook last year

Kaplan made multiple buy and sell trades worth more than $1 million in S&P index futures, according…

Matthew Fox   


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Fed's Kaplan says 'excess risk-taking' in market can harm financial system during recovery

The Fed's stricter interest-rate guidance "gives you the signal that you're going to need to take m…

Ben Winck   


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Markets must understand support programs propping up prices won't go on 'indefinitely', Dallas Fed's Kaplan says

The Dallas Fed president said that the markets need to function without support, and that "the Fed …

Emily Graffeo   


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3 mins read

A nationwide mask-wearing mandate would accelerate the US's economic recovery, Dallas Fed president says

Adhering to public-health protocols is "the primary economic policy" for helping the US grow faster…

Ben Winck   


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US economic recovery being slowed by 'uneven' public health responses, Dallas Fed president warns

Precautions such as wearing a mask and testing for new cases are "critical" to reviving economic ac…

Ben Winck   


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Another stimulus bill is likely needed to revive the economy, Dallas Fed president says

Fiscal relief can only drive so much of a recovery, Robert Kaplan said, noting that testing plays a…

Ben Winck   


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The Fed and Congress will need to provide more stimulus to defend from a 'very severe' economic slowdown, Dallas central bank chief says

US GDP could shrink as much as 30% in the second quarter alongside unemployment soaring to 20%, Dal…

Ben Winck   


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3 mins read

Robert DeNiro's former executive assistant was his 'enforcer,' staffers testify: 'She became a terrorist'

Staffers also say Robinson racked up around $32,000 on car services and nearly $9,000 on personal g…

Janon Fisher   


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Biden's infrastructure plan should supercharge growth over the long term, Dallas Fed president says

Where Biden's $1.9 trillion stimulus provided a short-term boost, infrastructure spending serves as…

Ben Winck   


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Spiking coronavirus cases could curb economic growth well into 2021, Dallas Fed President says

If Congress fails to pass more stimulus, the US "will see a drop-off at some point" in consumer spe…

Ben Winck   


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The banking crisis is in its early stages and the Fed should opt for a 'hawkish pause' to rate hikes, former Dallas Fed President says

The upheaval in regional banks is only in the "second or third inning," former Dallas Fed chief Rob…

Carla Mozée   


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7 mins read

I went undercover in the digital white supremacist movement for a year. I wasn't ready for what the research would do to me.

Talia Lavin's new book, "Culture Warlords," documents her time undercover as an "involuntarily celi…

Talia Lavin   


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8 mins read

How America should be addressing its 'dirty money' problem around white-collar crimes, according to a legal scholar

Jennifer Taub exposes some of the biggest white collar crimes in history, including the 2008 financ…

Jennifer Taub