Tonton Langsung: Elizabeth Warren Cabut Pejabat Fed Karena "Budaya Korupsi"

Pembaruan: 1155ET): Warren mengecam Ketua Federal Reserve Jerome Powell, dengan mengatakan bahwa ia gagal mengatur pasar keuangan secara efektif, serta dianggap adanya penyimpangan etika oleh pejabat tinggi Fed.

“He has consistently failed to serve as an effective financial regulator,” she said, adding “But that’s not his only failure. Chair Powell has also failed as a leader… Kami membutuhkan perubahan di The Fed."

Watch:

Tonton pidato saya yang menyerukan budaya korupsi di kalangan pejabat tinggi Federal Reserve. https://t.co/nYCCpIy7sg

—Elizabeth Warren (@SenWarren) Oktober 5, 2021

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Senator Elizabeth Warren (D-MA) is giving a speech today on the Senate floor at 11AM EST today “on the culture of corruption among high-ranking Fed officials,” according to The Hill's jalur Sylvan.

Pada hari Senin, Warren mengirim surat ke SEC untuk menyelidikinya apakah perdagangan dilakukan oleh pejabat Fed (termasuk namun tidak terbatas pada) Kaplan, Rosengren dan Clarida melanggar undang-undang perdagangan orang dalam, and to render an opinion over the legality of “ethically questionable transactions” by officials.

Seperti yang kami catat kemarin, pada hari Jumat The Fed mengungkapkan wakil ketua The Fed yang berhaluan tengah Clarida telah memindahkan jutaan dolar dari satu reksa dana dan ke dua dana ekuitas lainnya sehari sebelum Ketua Fed Jerome Powell mengeluarkan pernyataan yang menandai potensi penurunan suku bunga. karena kekhawatiran pandemi, dan memicu lonjakan pasar yang besar.

Warren meminta SEC untuk melihat sejauh mana perdagangan dipengaruhi oleh informasi non-publik yang tersedia bagi pembuat kebijakan Fed dan apakah mereka melanggar ketentuan yang melarang transaksi tersebut.

The trading activities by all three men “reflect atrocious judgement by these officials,” Warren wrote in her letter. Of Clarida, she wrote, “there is no justifiable ethics or financial rationale for him or any other government official to be involved in these questionable market machinations while having access to nonpublic information and authority over decisions that have extraordinary impacts on markets and the economy.”

To be sure, Unlike Kaplan and Rosengren, Clarida wasn’t actively trading in individual securities but still he bought a basket of equities all of which benefited extensively from the Fed’s injection of trillions into the economy, and event which Clarida was certainly aware of. Furthermore, Powell’s emergency announcement which took place one day after Clarida’s Feb 27 rebalancing, sent stocks sharply higher.

Warren introduced legislation last year that would bar senior government officials from trading individual stocks, and Clarida’s activities wouldn’t run afoul of those proposed additional restrictions. The activity appears to be “exactly the kind of autopilot trade public officials are supposed to make,” said Chris Low, chief economist at FHN Financial in a note to clients Monday. “Unfortunately for Clarida…the timing, coincidence or not, stinks.”

Sumber: https://www.zerohedge.com/politik/watch-live-elizabeth-warren-shreds-fed-officials-over-culture-corruption