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The Fed’s inspector general said a retiring staff member repeatedly tried to remove confidential central bank information, but investigators did not find enough basis for a misconduct case. The report says the incidents highlighted systemic concerns around the Fed’s employee offboarding process.
By Michael S. DerbyThe Federal Reserve’s in-house watchdog said on Monday that a retiring staff member was caught multiple times trying to remove confidential central bank information as this employee exited the central bank, while noting this apparent breach did not ultimately trigger a formal mis…