U.S. Senator Warren: Fed's Powell should recuse himself from bank review
Reuters | Updated: 14-03-2023 17:58 IST | Created: 14-03-2023 17:44 IST
- United States
Democratic U.S. Senator Elizabeth Warren on Tuesday called on Federal Reserve Chair Jerome Powell to recuse himself from an internal review of recent bank failures, saying his actions "directly contributed" to them.
"Fed Chair Powell’s actions directly contributed to these bank failures. For the Fed’s inquiry to have credibility, Powell must recuse himself from this internal review," she said on Twitter.
A Fed representative did not immediately respond to a request for comment.
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