Elizabeth Warren Blasts New York Fed President

The President of the Federal Reserve Bank of New York faced a series of tough questions from the Senate Banking Committee on Friday, following revelations that one of its former employees had been fired by Goldman Sachs for accessing regulatory information about one of the banks it supervised.

Elizabeth Warren told William Dudley that change in the New York Fed’s culture “has to come from the top” and “you need to fix it, or we need to get someone who will.”

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