Fed Chair Powell Sold Up To $500K of Securities on Same Day as Bank Stress Test Results

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The Office of Government Ethics quietly dropped Fed Chair Jay Powell’s annual financial disclosure for his 2021 transactions over the long holiday weekend. Surely, that wasn’t intentional. Surely, Wall Street-owned corporate media will cover it. If you couldn’t tell, we’re being sarcastic. You can review the disclosure yourself here: extapps2.oge.gov/201/Presiden.nsf/PAS+Index/C449CA3633F7780285258850002EC7B0/$FILE/Jerome-H-Powell-2022-278.pdf

But we’ll give you the quick download, just in case the New York Times, Wall Street Journal, Reuters, Bloomberg and all the other Fed shills can’t afford the ink given the important things they cover (like how we’ve already hit “peak inflation” or how strong the economy really is even if it doesn’t feel that way to you). Suffice it to say, after the sprawling Fed insider trading scandal last year, centimillionaire Jay Powell isn’t about to come clean and own up to his own trading and disclosure violations.

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