Dallas Fed’s Robert Kaplan Was Active Buyer and Seller of Stocks Last Year
Eleven of the Fed’s 12 regional banks have provided disclosures of their leaders’ 2020 financial profiles in recent days
Dallas Fed President Robert Kaplan, shown in 2018, previously worked at Godman Sachs.PHOTO: KRISZTIAN BOCSI/BLOOMBERG NEWS
By Michael S. DerbySept. 7, 2021 3:48 pm ET
Federal Reserve Bank of Dallas President Robert Kaplan made multiple million-dollar-plus stock trades in 2020, according to a financial disclosure form provided by his bank, in contrast with other regional Fed leaders who reported more modest financial holdings and smaller transactions.
Eleven of the 12 regional Fed banks have provided disclosures of their leaders’ 2020 financial profiles since Friday, sharing information that gives insight into the holdings of officials who help set the central bank’s monetary policy. The Chicago Fed didn’t make immediately available information for their leader.
THIS GUY NEEDS TO BE SHUT DOWN RIGHT AWAY
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