Fed Governor Violated Ethics Rules in Stock Trades

Former Federal Reserve governor, Adriana Kugler, violated ethics rules with stock trades during blackout periods, including trades in Southwest Airlines, Apple, Caterpillar, and Fortinet. She disclosed more than a dozen individual stock trades, with the largest being a $100,000 to $250,000 Apple stock purchase in April. Kugler, the first Hispanic Fed governor, was appointed in 2023 and stepped down in August.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.