New Delhi, Nov. 16 -- Former Federal Reserve Governor Adriana Kugler, who resigned suddenly in August this year, allegedly violated Fed ethics rules and was subject to an internal probe when she stepped down, according to documents released on Saturday.

During her final weeks at the Fed, Kugler tried to resolve an issue with her financial holdings, but Chair Jerome Powell refused her request for a necessary waiver ahead of the central bank's policy meeting on 29-30 July, Bloomberg reported, citing a Fed official.

On Saturday, the Office of Government Ethics released Kugler's latest financial disclosures, which revealed previously undisclosed trades in several individual stocks from 2024. Some of these trades took place during the Fed's ...