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Published 5 months ago

US senators seek salary information from Fed's inspector general

  • Senators Elizabeth Warren and Rick Scott have requested salary details of the Federal Reserve's inspector general and expressed concerns about potential conflicts of interest in the current structure of the position.
  • Warren and Scott are advocating for legislation that would make the inspector general a Senate-confirmed position and independent from the agency it oversees.
  • The senators have set a deadline for a response from the inspector general regarding salary and bonus information for the past five years, as well as any audits or inspections related to the 12 Federal Reserve officials.
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