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News in English (USA) / 02.08.2025 / 05:00

Fed Governor Adriana Kugler Resigns, Opening Vacancy for Trump Nominee

Adriana Kugler, a member of the Federal Reserve Board, has announced her resignation, effective August 8, creating an immediate opportunity for President Trump to appoint a new governor to the influential monetary policy committee. This resignation comes at a critical time, sparking discussions about its implications for interest rate decisions and the overall direction of the Federal Reserve. Investors are reacting to this news alongside the recent dismissal of the Bureau of Labor Statistics commissioner, indicating heightened volatility in the markets. Trump expressed his satisfaction regarding the vacancy, stating it allows him to influence the Fed further.
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