Private dinner during Fed quiet period triggers ethics questions for regulator
TL;DR
Federal Reserve Vice Chair for Supervision Michelle Bowman spoke at a private Bank of America dinner during the Fed’s quiet period, a time when officials are restricted from public engagements. Bowman said no monetary policy was discussed, but the private event with a major client group has raised ethics concerns and questions about whether the rules were breached.
Topics:businesseconomy#banking-and-credit#economy#federal-reserve-system#government-regulations#monetary-policy#political-ethics
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