#FedGovernorVacancy

Vacancy Overview

Federal Reserve Governor Adriana D. Kugler announced she will resign from her position effective August 8, 2025. Her departure opens an unexpected vacancy on the seven-member Federal Reserve Board two months earlier than originally scheduled Wikipedia+15

Kugler, appointed in September 2023 and filling a term through January 2026, had advanced warning—but the early resignation accelerates the opportunity for a new appointment.

Implications of the Vacancy

President Donald Trump now has a sooner-than-expected chance to nominate Kugler’s successor, pending Senate confirmation. This shift allows greater executive influence over Fed leadership before Chair Jerome Powell’s term expires in May 2026.

A recent Supreme Court ruling reinforces that Fed governors—including the Chair—are protected from removal over policy disagreements, limiting presidential power to dismiss sitting governors.

Speculation suggests potential future nominees may include former governors Kevin Warsh, Chris Waller, Kevin Hassett, or Treasury Secretary Scott Bessent, particularly as contenders for eventual Fed Chair succession.