{"id":2104,"date":"2022-07-13T16:45:00","date_gmt":"2022-07-13T20:45:00","guid":{"rendered":"https:\/\/www.merkley.senate.gov\/democratic-senators-press-fed-to-add-teeth-to-new-central-bank-ethics-rules-22\/"},"modified":"2023-07-24T11:05:00","modified_gmt":"2023-07-24T15:05:00","slug":"democratic-senators-press-fed-to-add-teeth-to-new-central-bank-ethics-rules-22","status":"publish","type":"post","link":"https:\/\/www.merkley.senate.gov\/es\/democratic-senators-press-fed-to-add-teeth-to-new-central-bank-ethics-rules-22\/","title":{"rendered":"Democratic Senators Press Fed to Add Teeth to New Central Bank Ethics Rules"},"content":{"rendered":"<p style=\"margin-bottom: 1em; padding: 0px; border: 0px; outline: 0px; font-size: 12px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(68, 68, 68); font-family: Georgia, serif;\">A group of Democratic senators is pushing the Federal Reserve to strengthen new central bank ethics rules and add consequences for those who break them.&nbsp;<\/p>\n<p style=\"margin-bottom: 1em; padding: 0px; border: 0px; outline: 0px; font-size: 12px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(68, 68, 68); font-family: Georgia, serif;\">The senators, in a letter to Fed leader Jerome Powell, said rules banning central bankers from holding certain securities and limiting how they can trade don&#8217;t go far enough.&nbsp;<\/p>\n<p style=\"margin-bottom: 1em; padding: 0px; border: 0px; outline: 0px; font-size: 12px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(68, 68, 68); font-family: Georgia, serif;\">The new trading rules were implemented in May.&nbsp;<\/p>\n<p style=\"margin-bottom: 1em; padding: 0px; border: 0px; outline: 0px; font-size: 12px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(68, 68, 68); font-family: Georgia, serif;\">The Fed needs to create &#8220;a discernible structure for addressing violations&#8221; as well as improve transparency of the financial disclosure process, the senators wrote to Mr. Powell.<\/p>\n<p style=\"margin-bottom: 1em; padding: 0px; border: 0px; outline: 0px; font-size: 12px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(68, 68, 68); font-family: Georgia, serif;\">The senators signing the letter were Sherrod Brown (D., Ohio), chairman of the Senate Banking Committee; Raphael Warnock (D., Ga.); Jeff Merkley (D., Ore.); Kirsten Gillibrand (D., N.Y.); and Jon Ossoff (D., Ga.).<\/p>\n<p style=\"margin-bottom: 1em; padding: 0px; border: 0px; outline: 0px; font-size: 12px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(68, 68, 68); font-family: Georgia, serif;\">A Federal Reserve spokesperson declined to comment on the letter.<\/p>","protected":false},"excerpt":{"rendered":"<p>A group of Democratic senators is pushing the Federal Reserve to strengthen new central bank ethics rules and add consequences for those who break them.&nbsp; The senators, in a letter to Fed leader Jerome Powell, said rules banning central bankers from holding certain securities and limiting how they can trade don&#8217;t go far enough.&nbsp; The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[],"class_list":["post-2104","post","type-post","status-publish","format-standard","hentry","category-in-the-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Democratic Senators Press Fed to Add Teeth to New Central Bank Ethics Rules - Merkley<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.merkley.senate.gov\/es\/democratic-senators-press-fed-to-add-teeth-to-new-central-bank-ethics-rules-22\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Democratic Senators Press Fed to Add Teeth to New Central Bank Ethics Rules - Merkley\" \/>\n<meta property=\"og:description\" content=\"A group of Democratic senators is pushing the Federal Reserve to strengthen new central bank ethics rules and add consequences for those who break them.&nbsp; 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