Episode 1383 • • 2:36:23 - 2:38:51
1383: Spook Nation
Federal Reserve Officials and Ethical Trading Scandals
Boston Fed President Eric Rosengren and Dallas Fed President Robert Kaplan faced scrutiny for trading millions of dollars in individual stocks and REITs while the Federal Reserve was actively buying those same asset classes. Fed Chair Jay Powell also held millions in municipal bonds while the Fed purchased $21 billion in the same sector, raising concerns about systemic corruption.