Reported 2 days ago
Adriana Kugler, a Federal Reserve governor appointed by President Biden, announced her resignation effective August 8, allowing President Trump to fill her seat sooner than anticipated. With her term originally set to expire on January 31, Trump expressed that Kugler's departure was linked to disagreements with Fed Chairman Jerome Powell on interest rates, suggesting he is keen to appoint a replacement who may align better with his administration's monetary policy goals. Kugler will return to her role as a professor at Georgetown University.
Source: YAHOO