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Federal Reserve Governor Resigns Amid Trump’s Pressure – Is Powell Next?

2025-08-02 20:18:10

Federal Reserve Governor Resigns Amid Trump’s Pressure – Is Powell Next?

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Federal Reserve Board of Governors member Adriana Kugler has resigned from her position. This decision comes amid a sensitive period for the central bank’s leadership, which is currently being pressured by US President Donald Trump to implement a heavy interest rate cut. Kugler Steps Away While Fed-Trump Standstill Remains On August 1, the Federal Reserve announced that Adriana D. Kugler is resigning from her position as a governor, effective August 8, 2025. The American economist and former US ...

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