Federal Reserve Governor Adriana D. Kugler will resign on August 8 amid political tensions between President Donald Trump and the Fed’s independence. Kugler, a voting FOMC member, will return to Georgetown University, giving Trump the chance to name her successor. $BTC
Her departure comes after the FOMC kept interest rates unchanged, with no clear signal on cuts. Trump has ramped up criticism of Fed Chair Jerome Powell, urging rate reductions. The dispute raises concerns over central bank independence and has influenced markets, including Bitcoin volatility. #TrumpTariffs #FOMCMeeting #SECProjectCrypto $BNB
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