Reported 2 days ago
Adriana Kugler, a Federal Reserve Governor, is resigning early from her role and will leave the central bank on August 8, 2025. Her departure could alter the ongoing succession process related to Fed Chair Jerome Powell's position, amid strained relations with President Trump, who is expected to select a replacement for Kugler. Kugler’s resignation follows her four-year term, which she chose to exit early to return to Georgetown University. Trump's ongoing criticism and threats towards the Fed have intensified as he maintained pressure for monetary policy changes.
Source: YAHOO