Fed's New Internal Trading Policy Full Of Loopholes, Sens. Say
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By Katryna Perera

Sens. Elizabeth Warren, D-Mass., and Rick Scott, R-Fla., have called on
Federal Reserve Board Chair Jerome Powell to repeal what they say is a
"failed approach" to addressing allegedly illicit trading by Fed officials,
saying the long-awaited policy is riddled with loopholes, contains weak
penalties and requires no transparency for officials who violate the
trading rules.

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