Ex-Fed official to face ethics inquiry over stock trades

Adriana Kugler's resignation from the Federal Reserve in August has come under scrutiny as she faces an ethics inquiry over stock trades. Reports indicate that her resignation was linked to her inability to secure a waiver from Chair Jerome Powell for financial holdings that violated the central bank's ethics rules. This situation has sparked discussions among economists and market watchers about the implications of such ethical breaches within high-ranking financial institutions, emphasizing the importance of transparency and accountability in public service.