BizBeat Ep.224: Fed ethics probed after multimillion-dollar trades

Financial disclosures recently submitted by the 12 regional Federal Reserve banks showed that amid the pandemic in 2020, some senior Fed officials carried out multi-million-dollar trades in stock and other market transactions, raising questions as to whether they unfairly took advantage of a substantial relaxation of monetary policy. Fed Chairman Powell has since ordered a review of the central bank's ethical code. In this episode of BizBeat, CGTN's Zhuzhu explains.

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