Former Fed Governor’s Stock Trades Expose Gaps in Central Bank Ethics Enforcement

The resignation of former Federal Reserve governor Adriana Kugler has uncovered serious breaches of the central bank’s own ethics framework designed to prevent conflicts of interest. Despite strict regulations barring Fed officials from trading individual stocks—especially during blackout periods around rate-setting meetings—Kugler disclosed multiple transactions that violated these key safeguards. Why Does This Matter for American Families? The Federal Reserve wields immense power over the U.S. economy, setting interest rates that influence mortgages, loans, and investments affecting every hardworking American. When Fed policymakers flout ethics rules by trading stocks tied to major corporations like Apple, Southwest Airlines, and Caterpillar during...