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Former Fed Gov. Adriana Kugler violated trading rules while at central bank: ethics report
Former Federal Reserve Board Gov. Adriana Kugler, in 2024, broke the central bank’s rules regarding stock trading, according to a report released Saturday by the U.S. Government Ethics Office. The report comes three months after Kugler abruptly and mysteriously resigned from the Fed’s Board of Governors without giving a reason. Kugler joined the Fed in September 2023. A financial disclosure report that Kugler filed on Sept. 11 — which contains details of securities transactions by either her or her husband — notes that Ethics Office officials declined to certify the report on Oct. 10. A note on the disclosure ... (full story)
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