Sens. Rick Scott & Elizabeth Warren Call New Federal Reserve Ethics Enforcement Policy "A Dismal Failure" in Bipartisan Letter
June 11, 2024
June 11, 2024
WASHINGTON, June 11 -- Sen. Rick Scott, R-Florida, issued the following news release:
In a bipartisan letter to the Chair of the Federal Reserve, Jerome Powell, Senators Rick Scott and Elizabeth Warren criticized the Fed's long-awaited policy to address illicit trading by Federal Reserve Bank officials. The senators reveal that the new policy is riddled with loopholes, contains weak penalties, and requires no transparency for officials who violate the trading rules. The senators cal . . .
In a bipartisan letter to the Chair of the Federal Reserve, Jerome Powell, Senators Rick Scott and Elizabeth Warren criticized the Fed's long-awaited policy to address illicit trading by Federal Reserve Bank officials. The senators reveal that the new policy is riddled with loopholes, contains weak penalties, and requires no transparency for officials who violate the trading rules. The senators cal . . .