Bank of America CorpBAC
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Bank of America CorpBank of America CorpSenator Elizabeth Warren sharply questioned Federal Reserve Chairman Kevin Warsh during his Capitol Hill testimony about a $100 million sum he was required to divest upon taking office and refused to disclose. Warren asked whether billionaire investor Stanley Druckenmiller, with whom Warsh has longstanding ties through Duquesne Family Office and the Juggernaut Fund, provided the money, and whether any billionaire with business before the Fed was the source. Warsh did not directly answer but pledged full compliance with the Office of Government Ethics. Warren also pressed Warsh on whether he had questioned Fed Vice Chair for Supervision Michelle Bowman about her alleged attendance at a private bankers' meeting that may have violated the Fed's blackout period policy, a matter Warsh said is under investigation by the inspector general.
Bank of America Corp