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Calls to investigate Fed official over BofA event
Democratic members of the Senate requested the Federal Reserve's Office of Inspector General to investigate Deputy Central Bank Vice President Michelle Berman's participation in an event for Bank of America clients after the Federal Open Market Committee meeting in June, despite a ban on discussing monetary policy before and after meetings. The investigation aims to determine her compliance with applicable rules and regulations. Berman confirmed that she did not violate any policies, while the Federal Reserve has not yet commented on the investigation.
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