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Fed Governor Adriana Kugler resigns early in boost for Trump

A Fed governor is resigning, opening a spot for a Trump appointee

A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of her term, handing President Donald Trump an early opportunity to fill a key vacancy.

Reuters on MSN · 1d

Kugler resigning from Fed, opening door to Trump appointment

The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central bank on Aug. 8, potentially shaking up what was already a fractious succession process for Fed leadership amid difficult relations with President Donald Trump.

Newsweek on MSN · 1d

Fed Governor Adriana Kugler Resigns Early in Boost for Trump: What To Know

Trump has launched a series of scathing attacks on Powell over his refusal to reduce interest rates. The president claimed that the central banker is "TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair" in a post on his Truth Social website on Thursday.

Fed, Trump and interest rate

RealClearPolitics · 18h

Trump Will Remake the Fed. Rates Are Just the Start

A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.

Hosted on MSN · 1d

Trump promises lower interest rates. But he doesn't have that power

Former President Donald Trump promised to lower interest rates if reelected. But the Fed, which sets the key rate, operates independently from the White House.

Bloomberg on MSN · 1d

Trump Pressures the Fed as Powell Holds the Line

As President Trump pushes for aggressive interest rate cuts, Fed Chair Jerome Powell resists political pressure, even amid a historic dissent of two members of the FOMC. Former Treasury Secretary Lawrence H.

7hon MSN

Trump to Announce Fed, Jobs Data Replacements in Coming Days

President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming ...

15h

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

13h

The Fed is concerned. This economist explains exactly why.

KPMG US chief economist Diane Swonk joins Market Domination with Josh Lipton to discuss what the Federal Reserve is concerned ...

6hon MSN

Dollar steadies after tumble as investors eye imminent Fed cuts

A battered dollar edged marginally higher on Monday after a dismal U.S. jobs report and President Donald Trump's firing of a ...

1don MSN

Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...

4hon MSN

US jobs jolt fans Fed rate cut buzz; rupee to ride dollar slump

The Indian rupee is set to open higher on Monday, riding the dollar's plunge after a weak U.S. jobs data boosted bets that ...

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

15hon MSN

Top economist warns the U.S. is ‘on the precipice of recession’ — and it will be hard for the Fed to come to the rescue

"Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall." ...

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