Salem Radio Network News Tuesday, November 18, 2025

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Former Fed governor violated ethics rules on stock trades

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A former official at the Federal Reserve violated the central bank’s ethics rules. Former Fed Governor Adrianna Kugler, who retired in August, listed several stock trades in her financial disclosure documents for 2024 that violated the central bank’s ethics rules. The transactions are outlined in a report released by the U.S. Office of Government Ethics. Fed officials are barred from investing in individual stocks, bonds or cryptocurrencies.

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