White House Sees No Issue With Powell Trades

White House Sees No Issue With Powell Trades

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Interactive Video

Business

University

Hard

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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.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the value range of the index fund that Chairman Powell sold last October?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns have progressives raised regarding Jay Powell's trading activities?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the departure of two regional bank presidents from the Fed this year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the timeline for President Biden's decision regarding the chair of the Federal Reserve?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What endorsement has Treasury Secretary Janet Yellen given regarding Jay Powell?

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