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Inspector-general’s report comes after former board adviser jailed for more than three years
The Federal Reserve’s internal watchdog has warned that the central bank’s board of governors must do more to shield sensitive internal information from the US’s foreign adversaries.
In a report released on July 15, the Fed board’s Office of Inspector General said that “insider risk management activities do not proactively or effectively identify and manage insider risks to its information and assets”. The watchdog said the board lacked a process for identifying its critical assets and a
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