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Bill Lee, Milken Institute chief economist, and CNBC’s Steve Liesman join ‘The Exchange’ with their views on the Fed’s new trading restrictions following a scandal regarding market trades by regional fed presidents. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi Responding to a growing controversy over investing practices, the Federal Reserve announced Thursday a wide-ranging ban on officials owning individual stocks and bonds and limits on other activities as well.
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