Find news published in the date range below
and and
and and
and and
Clear
Euro
Arrow
53,9553
Dollar
Arrow
44,7447
Sterling
Arrow
63,0745
Gold
Arrow
6280,2939
BIST 100
Arrow
10.729

Fed Board of Governors member Adriana Kugler to resign

Federal Reserve Board of Governors member Adriana Kugler has announced that she will step down from her position on August 8.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!
Fed Board of Governors member Adriana Kugler to resign

In a statement released by the Fed, it was noted that Adriana Kugler, who has served as a member of the Board of Governors since September 13, 2023, has submitted her letter of resignation to U.S. President Donald Trump.

After leaving her post, Kugler will return to her faculty position at Georgetown University.

U.S. President Trump shared his views on Kugler's resignation in a statement to members of the press at the White House.

Trump claimed that Kugler had disagreements with Fed Chair Jerome Powell regarding interest rates.

He also expressed his satisfaction with the vacancy created on the Fed's Board of Governors.


News Source: 12punto

Fed interest rates resignation