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Jerome Powell

The David Rubenstein Show

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Do You Ever Use Anecdotal Information?

There's been discussion recently about the Fed some Fed members, the Fed board presidents selling their securities and maybe not doing everything they were supposed to do in terms of disclosing it. We put a new system and a new set of rules in place which I think are best in class for a public institution like the Fed. If your idea is to trade things buy and sell them because you think this stock is cheap that's just not something that will work.

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