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Senator Warren Blasts Fed for Withholding Trading Records

  • Senator sends letters to 12 Reserve Banks for trading data
  • GOP this week criticized Fed over separate disclosure issue
Senator Elizabeth Warren
Senator Elizabeth Warren

Photographer: Kevin Dietsch/Bloomberg

Updated on

US Senator Elizabeth Warren rebuked Federal Reserve Chair Jerome Powell for withholding information on trading by central bank officials during the pandemic and said an investigation into the matter by the Fed’s inspector general was “troubling.”

The IG report “raises new concerns about the reasons why you continue to withhold key information about Fed officials’ financial trading activity from Congress and the public,” the Massachusetts Democrat said in a letter to Powell released Thursday.