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Fed Governor Adriana Kugler resigns early in boost for Trump

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.

CNN on MSN · 2d

A Fed governor is resigning, opening a spot for a Trump appointee

A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of her term, handing President Donald Trump an early opportunity to fill a key vacancy.

Reuters on MSN · 1d

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.

Fed, Trump and Jerome Powell

The New York Times · 2d

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.

Daily Press · 1d

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates.

Bloomberg on MSN · 1d

Trump Pressures the Fed as Powell Holds the Line

As President Trump pushes for aggressive interest rate cuts, Fed Chair Jerome Powell resists political pressure, even amid a historic dissent of two members of the FOMC. Former Treasury Secretary Lawrence H.

Fed, Trump and interest rate

RealClearPolitics · 15h

Trump Will Remake the Fed. 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.

Hosted on MSN · 1d

Trump promises lower interest rates. But he doesn't have that power

Former President Donald Trump promised to lower interest rates if reelected. But the Fed, which sets the key rate, operates independently from the White House.

Bloomberg on MSN · 1d

Trump Pressures the Fed as Powell Holds the Line

1don MSN

Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...

12h

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

10h

The Fed is concerned. This economist explains exactly why.

KPMG US chief economist Diane Swonk joins Market Domination with Josh Lipton to discuss what the Federal Reserve is concerned ...

3hon MSN

Dollar steadies after tumble as investors eye imminent Fed cuts

A battered dollar edged marginally higher on Monday after a dismal U.S. jobs report and President Donald Trump's firing of a ...

3hon MSN

Trump to Announce Fed, Jobs Data Replacements in Coming Days

President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming ...

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Fed Governor Adriana Kugler resigns early in boost for Trump

Fed, Trump and Jerome Powell

Fed, Trump and interest rate

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