Economics
Banks on Fed Staffer E-Mail List Get Leak of FOMC Minutes
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Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. were among at least 15 financial companies that received potentially market-moving Federal Reserve information 19 hours before the public in a release the central bank called a mistake.
Brian Gross, a member of the Fed’s congressional liaison staff, distributed the March 19-20 minutes of the Federal Open Market Committee meeting at 2 p.m. Washington time on April 9, according to an e-mail obtained by Bloomberg News. The list also included congressional staff members and trade groups. Gross referred questions to Fed spokeswoman Michelle Smith.