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The Federal Reserve imposes new restrictions on investments after trading controversy

Federal Reserve Chairman Jerome Powell testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, D.C., on Sept. 30. The Fed announced new restrictions on investments by senior officials after being rocked by a controversy involving trading by two regional Fed bank presidents last year. (Pool/Getty Images)
Federal Reserve Chairman Jerome Powell testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, D.C., on Sept. 30. The Fed announced new restrictions on investments by senior officials after being rocked by a controversy involving trading by two regional Fed bank presidents last year. (Pool/Getty Images)

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