As the Market Tanked, Fed Chair, J. Powell, Made a Multi-Million Dollar Sale
Posted On October 21, 2021
The Federal Reserve chairman, Jerome Powell, sold millions of dollars in stock funds as the market tumbled in October of 2020.
Powell sold between $1 million and $5 million worth of stock from his personal account on October 1, 2020.
A series of Sales anywhere between $15K and $250K on Dec 18, jus 2 days after the Fed’s Dec 16 FOMC meeting, in funds such as the MSCI EAFE ETF (EFA) and RUT Russell 2000 ETF (RUT).
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- Lucas Collins is a writer for NRN. He strives to write timely, thought-provoking articles.
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