🚨 Trump Pressures Powell to Resign Amid Fed Shakeup

🏛 Fed Governor Adriana Kugler’s sudden resignation—nearly 18 months before her term’s end—has opened a critical vacancy at the U.S. Federal Reserve. Former President Donald Trump seized the moment, publicly calling for Fed Chair Jerome Powell to step down as well.

🗣 “She knew he was doing the wrong thing on interest rates,” Trump posted on X, urging Powell to follow suit.

📢 While Kugler’s resignation letter showed no policy disagreements, markets quickly reacted. The Bloomberg Dollar Spot Index slid 0.9%, with traders now pricing in two rate cuts by year-end.

⚖️ With Powell’s term set to expire in 2026, this development gives Trump early leverage to reshape the Fed’s policy direction. Names like Kevin Hassett and Kevin Warsh are already circulating as potential nominees.

💡 If confirmed, a new appointee could shift the Fed toward a more dovish stance on interest rates—potentially impacting everything from inflation control to market liquidity.

#FederalReserve #Trump #JeromePowell #InterestRates #Economy

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