Free Republic

Independence at the Federal Reserve? Only sometimes, it seems.was rocked by Health and Human Services Secretary Robert F. Kennedy Jr. Then, the progressive lawmaker exposed her hypocrisy at a confirmation hearing involving Stephen Miran, President Donald Trump’s pick to join the Federal Reserve Board temporarily. While Warren shrieked in the upper chamber about central bank independence, she forgot to talk about her own list of demands to Fed Chair Jerome Powell.Elizabeth Warren Talks to Stephen MiranLast month, Fed Governor Adriana Kugler abruptly resigned from the Eccles Building, effectively vacating a seat at the powerful establishment. Days later, President Trump unveiled...

Summary Fed's Kugler exited central bank amid trading rules violations New disclosures detail trading that broke Fed rules Kugler faces Fed Inspector General Inquiry NEW YORK, Nov 15 (Reuters) - Former Federal Reserve Governor Adriana Kugler, who abruptly resigned this summer, had multiple financial transactions in violation of the central bank's ethics rules, government filings showed on Saturday, with the matter referred to the Fed’s in-house watchdog for investigation. Kugler in late July had sought a waiver to deal with investing rules transgressions by her spouse - including trades in individual stocks and other transactions around Fed policy meetings -...

The Federal Reserve announced Friday that governor Adriana Kugler will step down next week, opening up a spot on the central bank’s powerful board that President Trump will be able to fill. Kugler, who did not participate in the Fed’s policy meeting earlier this week, would have completed her term in January. Instead, she will retire Aug. 8. She did not provide a reason for stepping down in her resignation letter. Federal Reserve Governor Adriana Kugler speaking. Federal Reserve governor Adriana Kugler, who did not participate in the Fed’s policy meeting earlier this week, would have completed her term in...