All articles tagged with #adriana kugler
The resignation of Fed governor Adriana Kugler increases the likelihood that President Trump will soon nominate a new leader for the Federal Reserve, potentially influencing the future direction of U.S. monetary policy, especially as Powell's term as chair ends next year.
Adriana Kugler, a Federal Reserve Board member appointed by Biden, announced her resignation, creating a vacancy that President Trump may fill, potentially influencing future interest rate policies. The article discusses her background, her tenure, and the political implications of her departure, including Trump's criticism of Fed Chair Jerome Powell and his interest in appointing a new Fed chair.
Fed Governor Adriana Kugler resigned early, providing President Trump an opportunity to influence the Fed's composition amid ongoing debates over interest rate policies, with potential implications for the appointment of the next Fed chair.
Federal Reserve Governor Adriana Kugler is resigning, creating a vacancy that could allow President Trump to nominate a more rate-cutting aligned governor, amid ongoing political pressure and a critical policy meeting upcoming.
Federal Reserve governor Adriana Kugler will resign on August 8 to return to academia, providing President Trump an early opportunity to influence the Fed's leadership and potentially pressure Chair Jerome Powell on interest rate policies amid ongoing tensions.
Federal Reserve Board member Adriana Kugler will resign early, creating a vacancy for President Trump to fill amid ongoing tensions with Fed Chair Jerome Powell over interest rate policies. Kugler, appointed by Biden, is returning to academia, and her departure comes at a critical time as Trump pressures the Fed to lower interest rates and criticizes Powell publicly. The vacancy and Trump's criticisms highlight ongoing debates over monetary policy and leadership at the Fed.
Adriana D. Kugler announced her resignation from the Federal Reserve Board, effective August 8, 2025, to return to Georgetown University as a professor, after serving since September 2023 and contributing to various committees during her tenure.
Federal Reserve Governor Adriana Kugler announced her resignation, creating a vacancy that President Trump could fill with a nominee favoring lower interest rates, potentially influencing the Fed's future rate decisions amid ongoing debates and her hawkish stance on monetary policy.
Senator Joe Manchin is still undecided on whether to support Federal Reserve nominees Lisa Cook and Adriana Kugler, adding uncertainty to the upcoming vote. Senate Democrats need at least one Republican vote to advance the nominations due to two absences. Senator Mike Rounds has confirmed his support, but Manchin's decision remains crucial. The Senate is scheduled to vote on extending Cook's term and a procedural vote for Kugler's Fed board seat. Senate Banking Chair Sherrod Brown believes he has the votes to confirm the nominees.
President Biden plans to nominate Philip Jefferson, a current Federal Reserve governor, as the central bank's second-in-command, and Adriana Kugler, a top World Bank official, to join the Fed board. Both nominations are subject to Senate confirmation.
The White House is considering Adriana Kugler, an economist with Colombian heritage who is the U.S. executive director of the World Bank, for the Federal Reserve's only remaining open governor position, which would make her the first Latina board member if confirmed. In a corresponding move, Philip Jefferson, an economist who was confirmed overwhelmingly to the board when Mr. Biden nominated him to an open governor position, is likely to be elevated to be the board's vice chair. The Fed is approaching a challenging policy juncture as it slows the economy to contain inflation.
The White House is considering Adriana Kugler, an economist with Colombian heritage who is the U.S. executive director of the World Bank, for the Federal Reserve's only remaining open governor position, and is likely to elevate Philip Jefferson, an economist who was confirmed overwhelmingly to the board when Mr. Biden nominated him to an open governor position, to be the board's vice chair. If nominated and confirmed, Kugler would be the first Latina to serve on the Fed Board of Governors. The Fed is also approaching a challenging policy juncture as it slows the economy to contain inflation.