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A watchdog review into market trading from two former high-ranking Federal Reserve officials criticizes their actions but does not accuse either of doing anything illegal. Revelations showed that some Fed officials engaged in market trading at a time when they also were considering important and delicate policy matters in the early days of the Covid pandemic in 2020. The report concludes that their actions resulted in conflicts of interest that raised issues over impartiality and the proper conduct of central bank officials. On Kaplan, the report states that the OIG "did not find that his trading activities violated laws, rules, regulations, or policies related to trading activities as investigated by our office." Since the controversy, the Fed has revamped its trading rules and now prohibits officials from owning stocks, bonds and cryptocurrencies.
Persons: Robert Kaplan, Eric Rosengren, — Kaplan, Jerome Powell, Richard Clarida, Raphael Bostic, Clarida, Kaplan Organizations: Eccles Federal, Federal, Fed's, Dallas, Atlanta Fed, Fed, Kaplan, CNBC, Federal Reserve, Dallas Fed Locations: Washington , DC, Boston, U.S
The Eagles led 25-3 by the time the Bucs finally got into the end zone on Baker Mayfield's 1-yard TD throw to Mike Evans. A 2-point conversion trimmed Philadelphia's lead to 14 with 9:22 remaining, but Hurts and the Eagles never let Tampa Bay get the ball back. A week after rushing for a career-high 175 yards, D'Andre Swift ran for 130 yards on 16 attempts for Philadelphia. Brown finished with nine receptions for 131 yards for the Eagles — one of just three NFL teams that remain unbeaten, along with Miami and San Francisco. Buccaneers: CB Carlton Davis III (toe) and DL Calijah Kancey remained sidelined after sitting out the previous week against Chicago.
Persons: Baker, Mike Evans, Mayfield, D'Andre Swift, Brown, Evans, Ronde Barber's, Quez Watkins, RB Boston Scott, Justin Evans, CB Carlton Davis III, Calijah Kancey, ___ Organizations: Eagles, Philadelphia, Tampa Bay Buccaneers, NFC, Philly, Bucs, Minnesota, NFL, Tampa, Tampa Bay, Pro Football Hall of Fame, Fame, RB Boston, Buccaneers, CB, Chicago, NFC East, Washington, Sunday, NFC South, New Orleans Locations: TAMPA, Fla, Tampa, Chicago, Miami, San Francisco, Philadelphia, UP
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