White House Sees No Issue With Powell Trades

White House Sees No Issue With Powell Trades

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The transcript discusses Chairman Powell's stock trading during the pandemic, which was outside the Fed's blackout period. Critics have raised concerns, suggesting political motives, while officials see no issue. President Biden is expected to decide soon on Powell's reappointment, with support from Janet Yellen.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the value range of the stock index fund sold by Chairman Powell?

Between $500,000 and $1 million

Between $1 million and $5 million

Between $5 million and $10 million

Over $10 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is being favored by some progressives as an alternative to Jay Powell?

Jerome Powell

Bruce

Lal Brainerd

Janet Yellen

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event led to the departure of two regional bank presidents from the Fed?

Retirement

Health issues

Trading disclosures

Policy disagreements

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to Bloomberg, what is the stance of key officials on Powell's trading activities?

They are concerned

They see no reason for concern

They are undecided

They are investigating

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who has endorsed Jay Powell for a second term as Fed chair?

Bruce

Janet Yellen

Lal Brainerd

President Biden