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Federal Reserve Governor Kugler, part of the committee that sets interest rates, is resigning
UNITED STATES, AUG 1 – Kugler's resignation opens a Federal Reserve vacancy allowing President Trump to nominate a candidate amid debates over interest rate policies, officials said.
- On Friday, Federal Reserve Governor Adriana Kugler announced she is stepping down and will retire Aug. 8.
- On Wednesday, two of President Donald Trump's appointees, Christopher Waller and Michelle Bowman, dissented over rate decisions, amid criticism. Kugler did not specify her reasons for resigning.
- Earlier this week, Kugler did not participate in the Fed’s policy meeting, and her term was set to expire at the end of January 2026.
- Her resignation creates an important vacancy on the Board of Governors of the Federal Reserve and paves the way for President Donald Trump to nominate a successor.
- On Wednesday, Federal Reserve Governor Kugler announced her resignation, with no stated reason, creating an important vacancy amid rate debates influenced by Trump.
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166 Articles
Jerome Powell, head of the U.S. Federal Reserve, does not want to bow to the demands of US President Donald Trump, but after a surprising resignation Trump is under threat.
Biden-Appointed Fed Governor Resigns As Trump Calls For Interest Rate Cuts - Real News Now
Federal Reserve Governor Adriana Kugler, a Biden-era appointee, announced her resignation on Friday, just days after the central bank once again defied President Donald Trump’s calls for interest rate cuts by holding rates steady for the fifth consecutive meeting. Kugler, who joined the Board of Governors in 2023, will leave the Fed to accept a professorship at Georgetown University this fall. Though she did not cite political pressure as a fact…
Governor Adriana Kugler will resign as a member of the Federal Reserve Board next week, according to a press release. Now US President Donald Trump is also calling for Chairman Jerome Powell to resign, in a post on the Truth Social platform.
US President Trump can now appoint a successor. It is speculated that he could occupy the post with a potential future Fed leader
Board member Adriana Kugler resigns surprisingly. The US President can now re-appoint a board member and thus indirectly exert influence.
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