In 2021, it was revealed that Dallas Fed President Robert Kaplan made multiple $1 million+ trades in stocks during 2020 while helping set pandemic monetary policy, and Boston Fed President Eric Rosengren traded funds invested in mortgage-backed securities while the Fed was buying MBS. Both resigned within hours of each other. Fed Vice Chair Richard Clarida also traded a fund the day before a major Fed policy announcement. The OIG found no laws were technically broken because Fed ethics rules were so weak.
Federal Reserve presidents traded millions in stocks and funds while setting the monetary policy that moved those same markets
βFederal Reserve officials are personally trading millions of dollars in financial assets while making the monetary policy decisions that directly move those same markets.β
π The Receipts
βοΈ The Record, Side by Side
What they said vs. what the evidence shows
β³ The Vindication Timeline
From βcrazyβ to confirmed
The Claim Is Made
This is the moment they called it crazy.
Confirmed: They Were Right
The truth comes out. Officially documented.
Confirmed: They Were Right
The truth comes out. Officially documented.
π How Right We Were
The People Speak(167)
No one's said anything yet. Be the first to drop your take.
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