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Fed Presidents Lockhart And Fisher Were Active Personal Asset Traders In 2013
The leaders of the Federal Reserve's 12 regional banks reflected widely divergent financial situations last year, according to annual disclosure forms released Thursday. The economic policy makers who spent their careers in the financial sector before joining the government declared the largest holdings of assets in 2013, while those who spent most of their working lives in academia or government reported much less. New York Fed President William Dudley, Dallas Fed President Richard Fisher and Atlanta Fed President Dennis Lockhart continued to report the most extensive asset holdings relative to their colleagues, the ... (full story)