July 31, 2025
Fed governor adriana kugler resigns early, opening key vacancy for Trump appointment
Fed governor quits, gives Trump monetary control
July 31, 2025
Fed governor quits, gives Trump monetary control
Federal Reserve Governor
Adriana 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 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.
When was Fed Governor Adriana Kugler's term originally scheduled to end?
Trump claimed Kugler resigned because she disagreed with Powell on interest rates.
When was Adriana Kugler's Fed term originally supposed to end?
Fed governors can only become Fed Chair if they are already serving on the Board of Governors.
What reason did Kugler give for her resignation?
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Start QuizFormer Federal Reserve Governor
President of the United States
Federal Reserve Chairman
White House economist, Fed nominee
Former President
Former Fed Governor