Richmond Fed President Resigns, Admitting He Violated Confidentiality

by | Apr 4, 2017 | Bad Credit Loans, Bank Lending, Banking and Financial Institutions, Business Lending, Business Loans, Capital, Economics, Federal Reserve Bank of Richmond, Finance, Lacker, Jeffrey M, Working Capital

By BINYAMIN APPELBAUM April 4, 2017 WASHINGTON — Jeffrey M. Lacker, the president of the Federal Reserve Bank of Richmond in Virginia, resigned abruptly on Tuesday, saying that he had broken the Fed’s rules in 2012 by speaking with a financial...