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Warren Demands Fed Probe on Bowman | Business and Finance News
Description
Senator Elizabeth Warren is demanding an investigation into Federal Reserve Vice Chair Michelle Bowman after reports surfaced that she spoke at a private Bank of America dinner for clients—potentially violating Fed ethics rules. Warren, a top Democrat on the Senate Banking Committee, wants the Fed’s inspector general to probe whether Bowman’s actions breached transparency and conflict-of-interest guidelines. While the Fed hasn’t responded yet, such scrutiny could reshape how top officials interact with private financial institutions—and reinforce public trust in the central bank’s impartiality.
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