Here's why Fed Governor Waller was cancelled - the virtual event suffered a "Zoom bombing"

I noted earlier that Waller's events was cancelled, but that we did get his (hawkish) prepared remarks up on site:

• Fed Waller: FOMC may need to raise rates beyond December's 5.1-5.4% central tendency view

And:

• The market takes a more-hawkish Waller in stride

While we got Waller's prepared remarks the Q&A that was scheduled didn't proceed.

The Federal Reserve said the plug was pulled on the event due to 'technical difficulties', which is sorta true. Via Reuters comes a better explanation:

• A virtual event with Federal Reserve Governor Christopher Waller was cancelled on Thursday after the Zoom videoconference was "hijacked" by a participant who displayed pornographic images
• A few minutes before the event was to start, one participant using the screen name "Dan" began displaying graphic, pornographic images, according to a Reuters reporter on the call.
• The decision to cancel was made in consultation with the Fed.

I don't know how these events are usually set up but this appears to be a problem:

• Microphones and video were not muted by the organizer upon joining.

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In case you were wondering "Where's Waller?", now you know