Conflicting Reports on Federal Reserve Resignations Raise Questions About Ethics

The recent departures of Lael Brainard and Adriana Kugler from the Federal Reserve have sparked conflicting reports, leading to questions about ethical implications. While Brainard transitioned to the National Economic Council in February 2023, certain media outlets suggest her resignation was linked to unspecified ethical concerns. This contradicts official sources that confirm Brainard’s departure and highlight Kugler’s return to academia as the cause for her leaving in August 2025.