[新聞] Powell下令FED進行道德審查,持倉曝光

[Severine (賽非茵)]

原文標題：

Powell orders ethics review after Fed presidents disclosed
multimillion-dollar investments

原文連結：

https://cnb.cx/3lA9Atl

發布時間：

PUBLISHED THU, SEP 16 202111:46 AM EDT

原文內容：

-Federal Reserve Chairman Jerome Powell directed staff to review the central
 bank’s ethics rules after several Fed presidents disclosed large investments
 and stock trades.

-News of Powell’s inquiry broke after Sen. Elizabeth Warren sent 12 letters
 to the Fed’s regional bank presidents demanding stricter ethics around stock
 buying.

-Documents revealed that Dallas Fed President Robert Kaplan traded Apple,
 Amazon and Delta Air Lines stock in 2020.


Federal Reserve Chairman Jerome Powell directed staff to review the central
bank’s ethics rules for appropriate financial activities after disclosures
that several senior central bank officials made multiple multimillion-dollar
stock trades in 2020, while others held significant investments.

News of Powell’s inquiry broke after Sen. Elizabeth Warren sent 12 letters
to the Fed’s regional bank presidents demanding stricter ethics from the
nation’s top central bank officials.

The Massachusetts Democrat called on each Fed president to institute a ban on
the ownership and trading of individual stocks by senior officials at each
regional office.

Last week, financial disclosures filed by the Fed’s 12 regional presidents
revealed some had activity traded in 2020, while others held million-dollar
financial positions without making changes to their portfolios.

A Fed spokesman told CNBC that Powell last week ordered a “fresh and
comprehensive look at the ethics rules around permissible financial holdings
and activities by senior Fed officials.”

Powell ordered the review “because the trust of the American people is
essential for the Federal Reserve to effectively carry out our important
mission,” the spokesman said. “This review will assist in identifying ways
to further tighten those rules and standards. The Board will make changes, as
appropriate, and any changes will be added to the Reserve Bank Code of
Conduct.”

Documents released last week revealed that Dallas Fed President Robert Kaplan
made multiple trades worth $1 million or more last year in individual stocks
including Apple, Amazon and Delta Airlines.

Boston Fed President Eric Rosengren held stakes in four real estate
investment trusts and several purchases and sales of similar property-owning
vehicles, according to filings. He also held stock in Pfizer, Chevron and
AT&T. His investments were in the tens to hundreds of thousands of dollars.

Other Fed presidents, such as Richmond Fed President Thomas Barkin, disclosed
little to no trading activity but several financial holdings in excess of $1
million.

His stakes included Coca-Cola stock worth more than $500,000 but less than $1
million. Barkin’s largest holdings, worth $1 million or more, included a
variety of exchange-traded and mutual funds overseen by outside managers.

He had, for example, a holdings worth at least $1 million in Vanguard’s
Energy Fund Admiral Shares, a mutual fund that invests in energy companies

Even the appearance of self-dealing at the Fed could prove problematic to an
institution tasked with the impartial oversight of U.S. employment and
inflation.

The trades quickly came under scrutiny given the Fed’s critical role in
managing the U.S. economy as well as its influence over interest rates and
liquidity markets.

The Covid-19 pandemic and ensuing recession magnified the Fed’s power in
2020. Congress allows the Fed, with the Treasury Department’s approval, to
embark on a wide range of emergency lending measures to flush the economy
with cash during times of emergency.

Rosengren, Barkin and Kaplan serve as presidents of three of the Fed’s 12
regional banks that span the country. The regional bank presidents take turns
serving on the Federal Open Market Committee, the Fed’s policymaking body
that sets interest rates across the economy.

Amid the public backlash, both Kaplan and Rosengren have agreed to sell their
individual stock holdings.

Separately, Sen. Warren sent letters to all the Fed’s regional bank
presidents demanding tighter restrictions on the type of financial activity
officials can engage in.

Each letter, all dated Sept. 15, was similar to the next except for the two
addressed to Kaplan and Rosengren.

“As the Fed took extraordinary actions to address the risks to the economy
and the banking and financial systems from the COVID-19 pandemic, you and
your colleague Eric Rosengren made extensive trades in individual stocks and
real estate investment trusts,” Warren wrote in her letter to Kaplan.

That trading, she added, “has prompted concerns about conflicts of interest
among high-level officials with far-reaching policymaking influence and
extraordinary access to information about the economy.”

The Fed played a leading role in the U.S. economic recovery from the worst of
the coronavirus recession.

Economists say its political independence allowed it to move quicker than
Congress and that its monthly purchase of $120 billion in U.S. debt and
mortgage-backed securities helped sustain countless businesses that saw
business swoon last year.

---機器翻譯---

美聯儲主席傑羅姆·鮑威爾（Jerome Powell）指示員工審查央行關於適當金融活動的道
德規則，此前有披露稱，2020年，數名央行高級官員進行了數次數百萬美元的股票交易，
而其他人則持有大量投資。

鮑威爾的調查消息傳出后，參議員伊莉莎白·沃倫向美聯儲地區銀行行長發出了12封信，
要求美國央行高層官員採取更嚴格的道德規範。

這位馬薩諸塞州的民主黨人呼籲每個美聯儲主席禁止每個地區辦公室的高級官員持有和交
易個別股票。

上周，美聯儲12位地區總裁提交的財務披露顯示，一些銀行在2020年進行了交易，而另一
些則持有數百萬美元的金融頭寸，而沒有對其投資組合進行變動。

美聯儲發言人告訴CNBC，鮑威爾上周下令「重新審視美聯儲高級官員允許的金融持有和活
動的道德規則」。。

鮑威爾下令進行這項審查，"因為美國人民的信任對於美聯儲有效履行我們的重要使命至
關重要，"這位發言人說。這次審查將有助於確定進一步收緊這些規則和標準的方法。董
事會將酌情做出修改，任何更改都將添加到儲備銀行行為準則中。

上周公佈的文件顯示，達拉斯聯邦儲備銀行行長羅伯特·卡普蘭去年在蘋果、亞馬遜和達
美航空等個股進行了多次交易，價值超過100萬美元。

根據檔，波士頓聯邦儲備銀行行長埃裡克·羅森葛籣持有四家房地產投資信託公司的股份
，以及數家購買和銷售類似擁有房產的車輛。他還持有輝瑞、雪佛龍和AT&T的股份。他的
投資在數萬到幾十萬美元之間。

其他美聯儲主席，如里士滿聯邦儲備銀行行長湯瑪斯·巴金，很少或根本沒有披露交易活
動，但一些金融資產超過100萬美元。

他的股份包括可口可樂股票價值超過50萬美元，但不到100萬美元。巴金持有的最大資產
價值在100萬美元或以上，包括各種由外部經理監管的交易所交易和共同基金。

例如，他持有的先鋒能源基金海軍上將股份至少價值100萬美元，這是一個共同基金，投
資於能源公司，包括康菲石油公司、馬拉松石油公司和英國石油公司。

即使美聯儲出現自我交易，對於一個負責公正監督美國就業和通脹的機構來說，也可能帶
來問題。

鑒於美聯儲在管理美國經濟方面的關鍵作用，以及美聯儲對利率和流動性市場的影響，這
些交易很快受到密切關注。

Covid-19大流行和隨後的經濟衰退在2020年放大了美聯儲的力量。國會允許美聯儲在財政
部批准下，採取一系列緊急貸款措施，在緊急情況下用現金充裕經濟。

羅森葛籣、巴金和卡普蘭是美聯儲12家地區性銀行中的3家的行長。地區銀行行長輪流擔
任聯邦公開市場委員會的成員，該委員會是美聯儲制定整個經濟利率的決策機構。

在公眾的強烈反彈中，卡普蘭和羅森葛籣都同意出售各自持有的股票。

另外，沃倫參議員致函美聯儲所有地區銀行行長，要求對官員可以從事的金融活動類型進
行更嚴格的限制。

每封信的日期都寫在9月15日，除了寫給卡普蘭和羅森葛籣的兩封信外，都與下一封信相
似。

沃倫在給卡普蘭的信中寫道：「當美聯儲採取特別行動應對COVID-19大流行對經濟和銀行
及金融體系的風險時，你和你的同事埃裡克·羅森葛籣在個人股票和房地產投資信託領域
進行了廣泛的交易。

她補充稱，這種交易"引發了高層官員對利益衝突的擔憂，他們具有深遠的決策影響力，
而且能夠非常廣泛地獲取有關經濟的資訊。

美聯儲在美國經濟復甦中發揮了主導作用，從最嚴重的冠狀病毒衰退。

經濟學家說，它的政治獨立性使得它比國會行動得更快，而且它每月購買1200億美元的美
國債務和抵押貸款支持證券，幫助維持了去年業務低迷的無數業務。




心得/評論：                             ※必需填寫滿20字

Kaplan 爽翻耶..難怪上次鷹派轉鴿派 不知道押了多少.
不過這也不意外,之前裴洛西也是申報買了一堆大型科技股 還用期權槓桿 賺翻!

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※ 文章網址: https://www.ptt.cc/bbs/Stock/M.1631816207.A.F2B.html
推 jonaswang01 : 塔綠班玩法
推 xabclol     : 難怪要一直印鈔票 自己的股票自己救
推 donkilu     : 買買ETF就算了 炒個股是真的會有爭議
推 XDDDpupu5566: 只准買國債跟S&P500辣
推 redmi2      : 真笨 不會用人頭？做到主席了 還要我教嗎？
噓 maxisam     : 斐洛西人家固定要申報的 那些都有迴避
→ maxisam     : 你以為美國議員可以隨便炒股喔
推 liang0510   : 這個…台灣人就懂玩
推 cerebrum    : 有夠腐敗的
推 Homeparty   : 呵呵，跟凱因斯一樣，利用自己權力賺錢
推 windigo     : 其實只是讓他們有賣出股票的藉口而已 要崩了
推 zetatmrptt  : 太遜 直接叫官股掩護大戶出貨最快
推 Jerrylin1212: 明知fed會放鷹！
推 yuchin7828  : 卡普蘭？！呵呵
推 junnn       : 美國政銀 對世界一貫態度 就是貪婪與掠奪
→ aloness     : 美國帶頭用美債吃遍全球，官員們進出股市小意思啦
→ syterol     : 拿自己的錢護盤比台灣放話護盤好多了
推 shyshyan    : 沒有人會對錢過不去 別傻了
推 MVPkobe     : 就算不當官的都知道美股就是大牛市啊
→ MVPkobe     : 放鷹又怎樣 半年後就回來了
→ abyssa1     : 跟台灣房市一樣 大官的錢綁一起 別幻想打房
推 gracefeather: 一樓88  真是急
噓 firemothra  : 擦鞋童都知道要買科技股
→ bnn         : 美國太弱了還要公開 怎麼不讓拜登開記者會幫忙炒股
推 cityport    : 因為12家聯儲行不是政府機關，只能要求自律
→ cityport    : 聯準會跟12家聯儲行是不同的單位
→ cityport    : 聯儲行的股東是各大銀行，不是美國政府
推 cjf7708     : 法律搏士出身的主委 果然厲害！XD
推 yitniya     : 光明正大地貪不算貪污
推 doranako    : 今天鴿派比較多，他們可能轉做空
推 jimhall     : 自己賺完以後，再禁止其他人用同樣方法圖利