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Former Fed Governor Adriana Kugler broke ethics rules with unauthorized stock trades during blackout periods in 2024.
A federal judge in San Francisco has blocked the Trump administration from withholding funds or issuing fines against the University of California without due process.
The injunction stops the government’s $1.2 billion demand from UCLA and pauses broader attempts to pressure universities on issues like speech, gender identity, and student vetting.
The court found the effort improperly targeted liberal institutions and violated constitutional protections.
The ruling preserves UC’s funding and bars further action unless the government provides proper notice and a fair hearing.
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La ex gobernadora de la Fed Adriana Kugler rompió las reglas de ética con operaciones de acciones no autorizadas durante los períodos de apagón en 2024.