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Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors.
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Live updates: U.S. stock market and global trade partners react to Trump's new tariffs AP NewsThese are the countries affected by Trump's latest tariffs CNNTrump will not let the world move on from tariffs The EconomistFURTHER MODIFYING THE RECIPROCAL TARIFF RATES The White House (.gov)Stocks slump on latest tariffs
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The art of the trade deal? About 70 countries face huge export tax increases, but a last-minute change in when they take effect gives them a week to negotiate new agreements.
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Adriana D. Kugler submits resignation as a member of the Federal Reserve Board, effective August 8, 2025 Federal Reserve Board (.gov)Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates CNBCFederal Reserve governor to resign early, handing Trump an immediate opening on board The Washington PostFederal Reserve's Kugler to resign, giving Trump earlier-than-expected openin
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The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down.
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