Central Banking

Fed spied on employee's emails-investigator

UNITED STATES - An investigator looking into an unusual labour dispute at the Federal Reserve Board has found credible evidence that Fed managers snooped on the e-mail correspondence of an office secretary and fired her when she considered starting a union inside the central bank.

The findings, by an independent investigator chosen by the American Arbitration Association and approved by both the Fed and the fired secretary, could set the stage for an unprecedented hearing by a Fed committee

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