U.S. Senator Warren: Fed's Powell should recuse himself from bank review

Reuters | United States

Updated: 14-03-2023 17:58 IST | Created: 14-03-2023 17:44 IST

Image Credit: Wikimedia

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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

READ MORE

OPINION / BLOG

LATEST NEWS

VIDEOS

View All