Fed’s Jeffrey Lacker quits over information leak

Lacker departs Richmond Fed over leaked information

“I crossed a line,” admitted Jeffrey Lacker, announcing his resignation as president of the Federal Reserve Bank of Richmond on April 4.

It has emerged he was involved in leaking confidential information from a 2012 meeting of the Federal Open Mark Committee (FOMC).

In a statement, Lacker apologised for his involvement in the affair, and said he would be stepping down from his post immediately. “I deeply regret the role I may have played in confirming this confidential information… it was

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