Reported 26 days ago
Federal Reserve Governor Adriana Kugler is divesting stocks purchased by her spouse, who bought shares in Apple and Cava Group without her knowledge, violating the Fed's trading rules. Following the discovery, Kugler promptly notified ethics officials and is taking steps to divest these assets as required. The incident underscores ongoing scrutiny of ethics compliance within the Federal Reserve, especially after previous controversies surrounding personal investments by other policymakers.
Source: YAHOO