BlockBeats reported that on July 15, Federal Reserve Chair Warsh appeared at the Senate Committee on Banking, Housing, and Urban Affairs for a hearing on the Federal Reserve's semiannual monetary policy report. During the session, he said he had gone beyond the requirements of the ethics agreement by selling, or being in the process of fully selling, assets he had obtained before becoming Federal Reserve chair. He added that his investments had been shifted into cash equivalents and short-term U.S. Treasuries. The remarks were made in response to questions at the hearing and focused on how his holdings had been adjusted after taking office.
According to BlockBeats, on July 15, Federal Reserve Chair Warsh appeared before the Senate Committee on Banking, Housing, and Urban Affairs for a hearing on the Federal Reserve's semiannual monetary policy report.
At the hearing, Warsh said he had gone beyond the requirements of the ethics agreement by selling, or being about to fully sell, the assets he obtained before becoming Federal Reserve chair. He said his investments had been moved into cash equivalents and short-term U.S. Treasuries.
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