WASHINGTON (Reuters) – U.S. President Joe Biden believes government officials should be held to high standards, the White House said, when asked about the Federal Reserve’s ban on stock trading Thursday.
The White House has no comment on the ban, spokeswoman Karine Jean-Pierre said, and respects the independence of the Fed.
“President Biden believes that all government agencies, and officials, including independent agencies, should be held to the highest ethical standards, including the avoidance …of any suggestions of conflicts of interest,” she added.
(Reporting by Heather Timmons)
