Fed Board fired four staffers, disciplined five others for sexual harassment, bombshell report reveals

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Fed Board fired four staffers, disciplined five others for sexual harassment, bombshell report reveals
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The Federal Reserve Board disciplined staffers over sexual harassment complaints between 2020-2023, though no formal EEO complaints were reported.

The Federal Reserve Board fired four staffers and disciplined five others after receiving complaints alleging sexual harassment between 2020 and 2023, according to a report.

The US Federal Reserve Board disciplined nine staffers and fired four after 11 informal sexual harassment complaints between 2020 and 2023, according to a report.The Board also disclosed three other sexual harassment complaints. In two of those cases, the Board said it took no action because one allegation “wasn’t supported,” and the other was made against an individual who was not a Fed employee.

“Sexual harassment has no place in our society and it is prohibited at the Federal Reserve,” a Fed spokesperson told The Post. “We have a zero-tolerance policy which prohibits all forms of harassment, even if the behavior does not violate the law.” A blistering report conducted by a law firm had detailed several instances in which Gruenberg lashed out at employees who disagreed with him or had to deliver bad news.

Federal regulators are not genuinely required to disclose disciplinary action taken against workers when formal EEO complaints are not made.Federal employees must participate in 30 days of counseling, during which EEO counselors can try to resolve the issue, before they can make a formal complaint, according to the Equal Employment Opportunity Commission.

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