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July 31, 2025

Fed governor adriana kugler resigns early, opening key vacancy for Trump appointment

CNN
CBS News
CNBC
The Washington Post
Fortune
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Fed governor quits, gives Trump monetary control

Federal Reserve Governor Adriana KuglerAdriana Kugler resigned effective August 8, 2025, five months before her term's January 2026 expiration.

Her resignation letter to President Trump offered no explanation for leaving early.

Kugler was absent from a key Fed meeting two days before announcing her resignation.

November 2025 disclosures revealed she had been referred for investigation over stock trades during Fed blackout periods.

The trades included purchases and sales of Cava and Southwest Airlines shares when Fed officials are prohibited from trading.

Trump nominated White House economist Stephen MiranStephen Miran to replace Kugler in September 2025.

Trump publicly called for Fed Chair Jerome Powell to resign and claimed Kugler left due to disagreement over interest rates.

📜Constitutional Law🏛️Government💰Economy

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People, bills, and sources

Adriana Kugler

Adriana Kugler

Former Federal Reserve Governor

Donald Trump

Donald Trump

President of the United States

Jerome Powell

Federal Reserve Chairman

Stephen Miran

Stephen Miran

White House economist, Fed nominee

Joe Biden

Former President

Lael Brainard

Former Fed Governor

What you can do

1

Contact your senators at 202-224-3121 to demand thorough vetting of Fed nominees for conflicts of interest.

2

Follow Federal Reserve communications at federalreserve.gov to track interest rate decisions and voting patterns.

3

Monitor mortgage rates which tend to spike when Fed independence appears compromised.

4

Support organizations like the Committee for a Responsible Federal Budget advocating for independent monetary policy.

5

Track Fed governor financial disclosures for potential conflicts of interest.

6

Watch Senate Banking Committee hearings on Fed nominations at banking.senate.gov.