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Trump to appoint new Fed board member

Trump to appoint new Fed board member after governor Kugler announces resignation

Kugler's resignation gives Trump an opportunity to at least partially shape the Fed's makeup to his liking ahead of her original departure date. Kugler, a Biden-appointed governor, joined the seven-member board in 2023 and was set to serve through January 2026.

CBS News on MSN · 1d

Federal Reserve Board member to step down from role early, creating vacancy for Trump to fill

Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump pressures the Fed to slash interest rates.

New York Post on MSN · 1d

Fed governor Adriana Kugler resigning, opening up spot for Trump to fill

Kugler, who did not participate in the Fed’s policy meeting earlier this week, would have completed her term in January. Instead, she will retire Aug. 8.

16d

Fed’s Kugler Says Tariff-Driven Inflation Should Leave the Fed on Pause

Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking ...

1don MSN

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on ...

Fed Keeps Rates Steady Despite Internal Divisions and Political Pressure

The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...

2don MSN

Bessent says he expects to announce new Fed chair by end of year

U.S. Treasury Secretary Scott Bessent said Thursday that he is compiling a list of potential candidates to take the helm of the Federal Reserve after Jerome Powell's term ends in May. Upon President ...

Reuters1d

VIEW Investors react to Kugler's resignation, firing of BLS commissioner

Aug 1 (Reuters) - The Federal Reserve said on Friday that Governor Adriana Kugler was resigning from the central bank ...

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