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Former Fed Governor Kugler's trading activity scrutinized, documents show
The form filed with the Office of Government Ethics and made public on Nov. 15 noted inadvertent trading activity by Kugler’s husband that was forbidden under central bank ethics rules.
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Reuters - Sat, 15, Nov 2025
- 13:35 EST
- 9
Dr. Adriana Kugler, member of the Board of Governors of the Federal Reserve, speaks to The Economic Club of New York in New York City, U.S., June 5, 2025. / REUTERS/Kylie Cooper/File Photo
Adriana Kugler, a Federal Reserve governor who abruptly resigned her position in August, filed a financial disclosure form for investments that the central bank’s ethics officer declined to certify.
The form filed with the Office of Government Ethics and made public on Nov. 15 noted inadvertent trading activity by Kugler’s husband that was forbidden under central bank ethics rules.
Issues with her spouse’s trading came up in her annual disclosure released in 2024. The document released on Nov. 15, first reported by the New York Times, also noted that the matter had been referred to the Fed’s Inspector General, an in-house watchdog.
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