Fed Governor Kugler Resigns, Giving Trump Key Appointment

Federal Reserve Governor Adriana Kugler has announced her resignation, creating a pivotal vacancy as President Donald TRUMP seeks to influence monetary policy. Kugler, 55, will return to Georgetown University as a professor this fall, cutting short a term originally set to expire in January 2026.

Her departure grants Trump a critical opportunity to shape the Fed's direction. The president has previously appointed two rate-cut advocates—Christopher Waller and Michelle Bowman—while Kugler maintained a hawkish stance, preferring to assess inflation impacts from Trump's tariffs before adjusting policy.

Trump claims Kugler's resignation stems from disagreements with Chair Jerome Powell, though no evidence supports this assertion. The MOVE comes amid heightened scrutiny of Fed appointments as markets weigh the potential for looser monetary policy.