Posted on 08/01/2025 1:23:46 PM PDT by CaptainK
The Federal Reserve announced Friday that governor Adriana Kugler will step down next week, opening up a spot on the central bank’s powerful board that President Trump will be able to fill.
Kugler, who did not participate in the Fed’s policy meeting earlier this week, would have completed her term in January. Instead, she will retire Aug. 8.
She did not provide a reason for stepping down in her resignation letter.
Federal Reserve Governor Adriana Kugler speaking. Federal Reserve governor Adriana Kugler, who did not participate in the Fed’s policy meeting earlier this week, would have completed her term in January.
Trump has continued his attacks on the Fed since chair Jerome Powell said Wednesday that the central bank would keep its short-term interest rate unchanged. Powell also said the Fed could take months to evaluate the impact of tariffs on the economy before deciding to cut rates, as Trump has demanded.
(Excerpt) Read more at nypost.com ...
Take that Jay Powell.
Great get an insider in there that will report what they really discussed.
Ambassador to where?
Senate confirmation hearings should be interesting. Will the senate support the president? Probably not very much.
I went to Wikipedia and read about her. Total globalist and one of your betters.
Rat leaves sinking ship.
“”””She did not provide a reason for stepping down in her resignation letter. “”””””
ORANGE MAN BAD
I found the problem, Jim.
University of California, Berkeley (MA, PhD)
Trump should appoint himself.
I nominate Laura Loomer. She knows as much about economics as these bozos do and she’d be loyal to Trump.
All FED actions must now be seen in the light of both Sen Rand Paul and Trump.
The big question is not the interest rate.
Big Q: How much power should a small group of unelected persons accountable to nobody for their term of years...how much power should this small unelected group have?
A. Lower Farknakistan.
John Mauldin, the economic writer, investment analyst, and principal of Mauldin Economics would be a good choice: https://www.mauldineconomics.com/frontlinethoughts
Larry Kudlow, an economist, current Fox News host, and member of the first Trump administration is another good choice.
55 year old Biden nominee.
She can go back to her tenured position at Georgetown.
Potentially, she might have a health concern (since she did not participate in the latest meeting), or possibly there was some dirt on her, that she can escape by resigning. Another possibility is a lucrative job somewhere else.
Position: Member of the Federal Reserve Board of Governors
Assumed Office: September 13, 2023
Nominated By: President Joe Biden
Predecessor: Lael Brainard
Term End: January 31, 2026
Federal Reserve Bank of Richmond (Va)
Dissolve the FED!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.