📌 Key Points About Federal Reserve Governor Adriana Kugler's Resignation
Federal Governor Adriana Kugler will resign on August 8, 2025, to return to work at Georgetown University.
This opens a vacancy on the Federal Reserve Board, and President Trump must nominate a new replacement.
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🏛️ Important Details:
Kugler served on several important committees, including the Financial Stability Committee and the Small Regional Banks Committee.
She expressed pride in her service, especially during a critical period aimed at reducing inflation and maintaining a strong labor market.
Her resignation comes at a time of political tension, as Trump pressures the Fed to lower interest rates and publicly attacks Chairman Jerome Powell.
Trump described Powell as stubborn and called on the Federal Reserve to intervene if interest rates are not lowered quickly.