Tag: conflict of interest
Cashing in on Congressional Trading
How bad has insider trading become among politicians elected to the U.S. Congress and congressional employees? It didn’t take long to find out. Just after this article on conflicts of interest for Federal Reserve and Congress members went live here at the Beacon, NPR broke a new story. Inexperienced traders using the TikTok app...
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Conflicts of Interest at the Fed and Congress
The Federal Reserve is trying very hard to get ahead of a potential conflict-of-interest scandal. Several high-ranking Fed officials have investments in securities the U.S. central bank has been buying to stimulate the economy. Consequently, these officials have conflicts of interest in considering policies that might materially affect the value of their investments. Reuters...
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