CNBC-
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.
In a letter addressed to Trump, Kugler, 55, did not state a reason for her decision to leave, only noting that she will be returning to Georgetown University as a professor in the fall.
“It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” Kugler wrote. “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.”
Kugler’s term was set to expire at the end of January 2026. A Biden nominee, she joined the Board of Governors in September 2023, filling the unexpired term of Lael Brainard, who left to serve as an Biden economic advisor. As a governor, Kugler was a permanent voter on the rate-setting Federal Open Market Committee. Read more
He should appoint Elon Musk and we could fertilize the grain belt of both the US and Canada with all the exploding leftarded heads