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Brown to Federal Reserve: Prohibitions on Stock Trading Need Teeth
February 20, 2024
WASHINGTON, Feb. 20 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:

U.S. Senator Sherrod Brown (D-OH), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, urged Federal Reserve Chair Jerome Powell to strengthen enforcement penalties under the Fed's Investment and Trading Policy. In a letter to Chair Powell, Brown cites a Fed report that said that in March 2020, just before the Board met to consider monetary policy and emergency lending pro . . .

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