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Federal Reserve Governor Kugler Steps Down, Giving Trump Slot to Fill
Federal Reserve governor Adriana Kugler announced that she will step down next Friday, opening up a spot on the central bank’s powerful board that President Donald Trump will be able to fill
Kugler to step down from Fed board on Aug. 8, allowing Trump to fill her seat early
Federal Reserve Governor Adriana Kugler said Friday she will resign from the Federal Reserve Board of Governors effective Aug. 8, meaning President Trump could have a replacement in her seat earlier than expected.
Federal Reserve’s Kugler to resign, giving Trump earlier-than-expected opening
It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” Kugler wrote in a resignation letter to Trump on Friday. “I am especially honored to have served during a critical time in achieving our dual mandate of bringing down prices and keeping a strong and resilient labor market.
Federal Reserve governor to resign early, handing Trump an immediate opening on board
Federal Reserve Board Governor Adriana Kugler is stepping down from Fed, creating an unexpected opening for President Trump to shape the Federal Reserve.
Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
Kugler resigning from Fed, opening door to Trump appointment
The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central bank on Aug. 8, potentially shaking up what was already a fractious succession process for Fed leadership amid difficult relations with President Donald Trump.
A Federal Reserve governor just said she's resigning early, giving Trump a chance to put even more pressure on Powell
At a time when Donald Trump is openly warring with the Federal Reserve, he will soon get to pick a new central bank governor.
Federal Reserve governor to step down from role early
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.
Fed Governor Adriana Kugler to Resign Next Week
Federal Reserve Gov. Adriana Kugler plans to resign from her post Aug. 8, she wrote Friday in a letter to President Trump. Kugler’s term as a governor was set to expire early next year. The vacant boa
Fed Governor Adriana Kugler Resigns, Giving Trump an Opening to Reshape the Fed
Federal Reserve Governor Adriana Kugler will step down August 8, handing President Donald Trump a strategic opportunity to reshape the central bank’s board as he escalates pressure on Fed Chair Jerome Powell for aggressive interest rate cuts.
Bessent, Warsh, Hassett are the leading contenders to get Fed chair job, CNBC survey finds
The CNBC Fed Survey found the leading contenders to succeed Jerome Powell as Fed Chair are Treasury Secretary Scott Bessent, ...
Hassett Grabs Pole Position in Race to Be Trump’s New Fed Chair
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with ...
A Fed governor is resigning, opening a spot for a Trump appointee
Fed Governor Adriana Kugler is stepping down from her role, effective August 8. She was appointed by former President Joe Biden in 2023 and her term was slated to end in January 2026. The Fed did not ...
Trump Will Remake the Fed. Lower Rates Are Just the Start.
A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.
Opinion
Kevin Hassett Wants To Be Fed Chairman. That’s What’s So Dangerous
The Bernanke digression is useful as a way of vivifying Bagehot’s words. Bernanke wasn’t going to let political affiliation get in the way of the ultimate prize for economists, Chairman of the Federal ...
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The Fed is 'obsessed' with the idea that tariffs will cause inflation, says Trump economic official
White House National Economic Council director Kevin Hassett discusses the U.S. economy's 3% growth in the second quarter and ...
Can the Fed stay independent? Trump-era adviser may put it to the test.
Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a ...
Opinion
The race to succeed Fed Chair Jerome Powell just got weirder
Bill Pulte, the current head of the Federal Housing Finance Authority that runs mortgage giants Fannie Mae and Freddie Mac, has lately surfaced as a possible pick alongside Kevin Warsh and Kevin ...
Hassett says White House probing Fed renovation costs, authority to fire Powell
WASHINGTON, July 13 (Reuters) - U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for ...
A Split Fed Holds Interest Rates Steady, Defying Political Pressure
For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates ...
Kevin Hassett grabs pole position in race to be new US Fed chair
National Economic Council director is one of the US President's longest-serving economic aides. Read more at straitstimes.com. Read more at straitstimes.com.