November 17, 2021
General News

Fed chief’s financial disclosures fuel political clash over Fed nominees

Scrutiny over the financial activities of Fed officials ripped open after the Wall Street Journal and other outlets first reported on trades made last year by Robert Kaplan, former head of the Dallas Fed, and Eric Rosengren, who ran the Boston Fed. Kaplan’s trading activity included 27 individual stocks, funds or alternative asset holdings, each valued at over $1 million. Rosengren’s trading activities were on a smaller top-line scale but drew scrutiny for stakes in four separate real estate investment trusts at a time when he was speaking about his concerns for the commercial real estate sector.

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