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Donald Trump called for Jerome Powell to resign.
Trump said this after Fed Governor Adriana Kugler, a Biden Appointee, resigned.
“Too Late” Powell should resign, just like Adriana Kugler, a Biden Appointee, resigned. She knew he was doing the wrong thing on Interest Rates. He should resign, also!
Trump will now be able to fill the vacancy after the resignation of Adriana Kugler.
Her term was set to end in 2026.
A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of her term, handing President Donald Trump an early opportunity to fill a key vacancy.
Fed Governor Adriana Kugler is stepping down from her role, effective August 8. She was appointed by former President Joe Biden in 2023 and her term was slated to end in January 2026.
…
“It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” Kugler said in a statement. “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.”
Bill Pulte, the U.S. Director of Federal Housing, revealed that people inside the Federal Reserve ” are starting to talk about how there’s internal disagreements with Jay Powell.”
People inside the Fed are starting to talk about how there’s internal disagreements with Jay Powell.
— Pulte (@pulte) August 1, 2025