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The wins just keep piling on…
In a surprise twist, Federal Reserve Governor Adriana Kugler just anonunced that she is stepping down.
Kugler was originally appointed by Joe Biden.
This is very good for President Trump, since it means he can appoint his own choice to fulfill the role.
Check it out:
JUST NOW: Fed Governor Adriana Kugler resigns. pic.twitter.com/JqYfmN3CfX
— Ian Jaeger (@IanJaeger29) August 1, 2025
BREAKING: FED RESERVE Governor Kugler RESIGNS
Whoa
TRUMP can fill the vacancy pic.twitter.com/7oS21zfaEF
— Eric Daugherty (@EricLDaugh) August 1, 2025
Kugler is resigning to return to her former job as a Georgetown University professor.
She has decided not to carry out the remainder of her term, which was set to expire in January 2026.
A Federal Reserve press release reads:
The Federal Reserve Board announced on Friday that Adriana D. Kugler will step down from her position as governor of the Federal Reserve Board, effective August 8, 2025.
Dr. Kugler, who has served as a governor since September 13, 2023, submitted her letter of resignation to President Trump and will return to Georgetown University as a professor this fall. The text of the letter from Governor Kugler is attached.
“It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” said Governor Kugler. “I am especially honored to have served during a critical time in achieving our dual mandate of bringing down prices and keeping a strong and resilient labor market.”
“I appreciate Dr. Kugler’s service on the Board and wish her very well in her future endeavors,” said Federal Reserve Board Chair Jerome H. Powell. “She brought impressive experience and academic insights to her work on the Board.”
The Federal Reserve Governor is part of the committee that decides whether or not to raise or lower interest rates.
As President Trump continues to put for interest rates to be cut, now is the perfect time for him to get someone in there that is aligned with his goals.
CNBC noted:
Federal Reserve Governor Adriana Kugler announced Friday she is stepping down from her role at the central bank, creating an important vacancy at a time when President Donald Trump is pushing for lower interest rates…
Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. Two of his prior appointments, Christopher Waller and Michelle Bowman, voted against the decision at Wednesday’s meeting to hold the Fed’s key rate steady, instead indicating they wanted to lower.
This is a Guest Post from our friends over at WLTReport.