Dallas Fed president resigns, following Boston’s Rosengren
Both faced criticism for equities trading and holdings, but are not unique among Fed leaders
Robert Kaplan, president of the Federal Reserve Bank of Dallas, announced on September 27 he would leave office on October 8.
Kaplan had faced criticism since it was revealed early in September that he held and traded in equities in a number of markets and sectors that could benefit from Fed policy.
His resignation came the same day as the Boston Fed’s Eric Rosengren announced he would leave office on September 30. Rosengren had originally been scheduled to retire in June.
Both Fed presidents
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