Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, resigned from his post effective Tuesday, after revealing he'd played a role in a leak of sensitive information to a financial analyst several years ago.

In a statement, Lacker said he spoke on Oct. 2, 2012, with an analyst at Medley Global Advisors, a macroeconomic research firm owned by the Financial Times Limited. The analyst asked about non-public policy decisions.

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