Fed Governor Lael Brainard Should Not Be Leaking Details of Fed FOMC Minutes, Especially Given Her Husband’s Ties
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By Pam Martens and Russ Martens: April 12, 2022 ~ Multiple current and former Federal Reserve officials remain under investigation for the worst trading scandal in Fed history. This investigation includes the former President of the Dallas Fed, Robert Kaplan, who traded in and out of S&P 500 futures contracts in lots of “over $1 million” while sitting as a voting member of the Fed’s Open Market Committee (FOMC), which sets interest rates and makes other critical monetary policy decisions that move markets. The investigation also involves former Boston Fed President Eric Rosengren, who actively traded in a joint account with his wife, who had been given a margin account by a Fed supervised bank, Citigroup’s Citibank. (See our extensive archive on the Fed’s trading scandal.) Last Tuesday, President Biden’s nominee for Fed Vice Chair, Lael Brainard, who has been a Fed Governor since 2014 and has had a permanent voting … Continue reading →
Source: http://silveristhenew.com/2022/04/12/fed-governor-lael-brainard-should-not-be-leaking-details-of-fed-fomc-minutes-especially-given-her-husbands-ties/
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