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...