Former Federal Reserve governor blames her husband after she's found to have repeatedly violated trading rules

A former high-ranking official at the Federal Reserve claimed that her husband engaged in trading activity that violated the central bank's rules in a newly released ethics report. 

The US Office of Government Ethics revealed in a lengthy report on Saturday that Adriana Kugler, 56, purchased stocks and made trades ahead of Federal Open Market Committee meetings, according to the public findings. 

The office concluded that Kugler broke the rules that prevent stock trading close to meetings where interest rates are set. 

The findings come three months after Kugler abruptly submitted her resignation as a member of the Federal Reserve Board. 

Read Full Article Here