No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, October 27, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

by TheAdviserMagazine
3 months ago
in Economy
Reading Time: 2 mins read
A A
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Share on FacebookShare on TwitterShare on LInkedIn


Dr. Adriana Kugler, member of the Board of Governors of the Federal Reserve, speaks to The Economic Club of New York in New York City, U.S., June 5, 2025.

Kylie Cooper | Reuters

Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an important vacancy at a time when President Donald Trump is pushing for lower interest rates.

In a letter addressed to Trump, Kugler, 55, did not state a reason for her decision to leave, only noting that she will be returning to Georgetown University as a professor in the fall.

“It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” Kugler wrote. “I am especially honored to have served during a critical time in achieving our dual mandate of bringing down prices and keeping a strong and resilient labor market.”

Kugler’s term was set to expire at the end of January 2026. A Biden nominee, she joined the Board of Governors in September 2023, filling the unexpired term of Lael Brainard, who left to serve as a Biden economic advisor. As a governor, Kugler was a permanent voter on the rate-setting Federal Open Market Committee.

Her resignation now paves the way for Trump to put his own nominee in for the board. Two of his prior appointments, Christopher Waller and Michelle Bowman, voted against the decision at Wednesday’s meeting to hold the Fed’s key rate steady, instead indicating they wanted to lower. Kugler was absent for the vote.

Trump alleged without proof that Kugler resigned over a disagreement with Powell on interest rates. Trump added that he was “very happy” about having a Fed vacancy to fill.

Kugler of late has expressed generally hawkish views, with support for holding rates steady until the impact Trump’s tariffs are having on inflation becomes clearer.

Fed Chair Jerome Powell wished Kugler well, saying “She brought impressive experience and academic insights to her work on the Board.”

Trump has said he would litmus test any potential nominees and would only support those in favor of lower interest rates.

In addition to Kugler’s departure, Powell’s term ends in May, though he could choose to stay on as governor into 2028.

Regardless, Kugler leaving would allow Trump to get someone who shares his views on rates and who might be targeted to fill Powell’s seat. The president and some of his advisors have toyed with the idea of a “shadow chair” who essentially could act as a gadfly on the board until Powell leaves.



Source link

Tags: CommitteeFedgivinggovernorinterestKuglernomineeratesresigningSetsTrump
ShareTweetShare
Previous Post

Win a Seat at Verizon’s Small Business Training Camp

Next Post

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

Related Posts

edit post
Links 10/26/2025 | naked capitalism

Links 10/26/2025 | naked capitalism

by TheAdviserMagazine
October 26, 2025
0

An eucalyptus in bloompic.twitter.com/ID5wvFC9te — Massimo (@Rainmaker1973) October 17, 2025 How the Horse came to be Ridden 3 Quarks Daily...

edit post
The Sunday Morning Movie Presents: Peppermint Soda (1977) Run Time: 1H 40M Bonus: Original Poetry!

The Sunday Morning Movie Presents: Peppermint Soda (1977) Run Time: 1H 40M Bonus: Original Poetry!

by TheAdviserMagazine
October 26, 2025
0

Welcome gentle reader to another installment of the Sunday Morning Movie. Today it’s a tender-hearted coming of age story about...

edit post
As Pentagon Takes Secretive Donation for Military Salaries, AFL-CIO Says Pay All Workers Impacted by Shutdown

As Pentagon Takes Secretive Donation for Military Salaries, AFL-CIO Says Pay All Workers Impacted by Shutdown

by TheAdviserMagazine
October 26, 2025
0

Conor here: The reported $130 million donation to the Pentagon sounds a lot like another privatization stepping stone. The amount...

edit post
No, Tariffs Did Not Cause September’s Budget Surplus

No, Tariffs Did Not Cause September’s Budget Surplus

by TheAdviserMagazine
October 26, 2025
0

According to the Treasury Department’s monthly report for September, the budget deficit turned positive last month, with tax receipts coming...

edit post
US Vs Russia – Greatest Danger Is When A Pawn Thinks It Is A Queen

US Vs Russia – Greatest Danger Is When A Pawn Thinks It Is A Queen

by TheAdviserMagazine
October 25, 2025
0

QUESTION: You said that Trump is listening to the Neocons in his administration and in DC. Would you please name...

edit post
How to Recognize Critical Race Theory

How to Recognize Critical Race Theory

by TheAdviserMagazine
October 25, 2025
0

Reports that critical race theory is over have been greatly exaggerated. CRT is very much still around, although it has...

Next Post
edit post
Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

edit post
How to Buy Maxi Doge – $MAXI Presale Review 2025

How to Buy Maxi Doge – $MAXI Presale Review 2025

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

0
edit post
OBBB Limits Tax Credits for ITIN Filers Without SSNs

OBBB Limits Tax Credits for ITIN Filers Without SSNs

0
edit post
Milei’s party on track to win Argentina election in big comeback

Milei’s party on track to win Argentina election in big comeback

0
edit post
No, Tariffs Did Not Cause September’s Budget Surplus

No, Tariffs Did Not Cause September’s Budget Surplus

0
edit post
HON Earnings: Honeywell reports higher Q3 sales and adj. profit

HON Earnings: Honeywell reports higher Q3 sales and adj. profit

0
edit post
Bitcoin surges after US and China agree on key trade issues in Kuala Lumpur talks

Bitcoin surges after US and China agree on key trade issues in Kuala Lumpur talks

0
edit post
Milei’s party on track to win Argentina election in big comeback

Milei’s party on track to win Argentina election in big comeback

October 26, 2025
edit post
HSBC to recognize .1 billion in provision after court ruling in Madoff case

HSBC to recognize $1.1 billion in provision after court ruling in Madoff case

October 26, 2025
edit post
What Saudi Arabia and Bangladesh can teach Silicon Valley

What Saudi Arabia and Bangladesh can teach Silicon Valley

October 26, 2025
edit post
US And China Signal Progress In Kuala Lumpur; Crypto Traders Take Notice

US And China Signal Progress In Kuala Lumpur; Crypto Traders Take Notice

October 26, 2025
edit post
Here are the major earnings before the open Monday

Here are the major earnings before the open Monday

October 26, 2025
edit post
Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

Bed Bath & Beyond Q3 2025 Earnings Preview (BBBY:NYSE)

October 26, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Milei’s party on track to win Argentina election in big comeback
  • HSBC to recognize $1.1 billion in provision after court ruling in Madoff case
  • What Saudi Arabia and Bangladesh can teach Silicon Valley
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.