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The Wall Street Publication > Blog > Business > Sen. Elizabeth Warren Says Fed Suffers From ‘Culture of Corruption’
Business

Sen. Elizabeth Warren Says Fed Suffers From ‘Culture of Corruption’

Editorial Board Published October 5, 2021
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Sen. Elizabeth Warren Says Fed Suffers From ‘Culture of Corruption’
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Sen. Elizabeth Warren (D., Mass.) ramped up her rhetorical attacks on Federal Reserve Chairman Jerome Powell on Tuesday, lamenting what she called a “culture of corruption” at the central bank.

Mr. Powell has “failed as a leader,” Ms. Warren said, adding, “Our nation needs leaders who are willing to set and enforce strong ethics standards and who act swiftly when a problem arises,” and in her view, Mr. Powell hasn’t done that.

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