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Federal Reserve governor Kugler resigns, creating vacancy for Trump

Federal Reserve governor Kugler resigns, creating vacancy for Trump
business8/2/2025

One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, is stepping down next week, creating an opening for President Donald Trump.

1 of 3 | Chair of the Federal Reserve Jerome Powell has come under fire from President Trump after keeping interest rates between 4.25 percent and 4.50 percent in July for the fifth consecutive Fed policy meeting. Photo by Bonnie Cash/UPI | License P... [3240 chars]