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Fed, Trump and Kugler

Fed Governor Adriana Kugler resigns early in boost for Trump: what to know

O n Friday, the Federal Reserve announced Adriana D. Kugler, a member of its Board of Governors, is resigning early in a move that will allow President Donald Trump to select her replacement amid ongoing tensions with Jerome Powell, the body's chair.

USA TODAY on MSN · 14h

Trump to appoint new Fed board member after governor Kugler announces resignation

Kugler's resignation gives Trump an opportunity to at least partially shape the Fed's makeup to his liking ahead of her original departure date. Kugler, a Biden-appointed governor, joined the seven-member board in 2023 and was set to serve through January 2026.

Reuters on MSN · 15h

Kugler resigning from Fed, opening door to Trump appointment

The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central bank on Aug. 8, potentially shaking up what was already a fractious succession process for Fed leadership amid difficult relations with President Donald Trump.

Trump, Fed and US labor

Reuters on MSN · 5h

Trump fires US labor official over data and gets earlier than expected chance to reshape Fed

In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on Friday afternoon.

Bloomberg on MSN · 13h

Trump Fires Data Chief on Bad Job News, Gets Chance to Tilt Fed

President Donald Trump got some bad economic news Friday, and responded by shooting the messenger. Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in US hiring.

Hosted on MSN · 14h

Data credibility fears fueled after Trump orders firing of labor official

By Davide Barbuscia NEW YORK (Reuters) -Sharp downward revisions to past jobs data on Friday, followed by Trump’s sudden order to fire the head of the Bureau of Labor Statistics, stoked investor fears about the integrity of economic data and the Fed’s ability to read the true state of the economy.

Fed, Trump and Powell

The New York Times · 14h

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.

The Boston Globe · 20h

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates.

MarketWatch · 1d

Trump says Fed board 'should assume control' as he again lambasts Powell

U.S. president Donald Trump has taken to his Truth Social account to once again abuse Federal Reserve Chair Jerome Powell. Trump wants interest rates significantly lower, but with inflation above target and the impact of tariffs on prices uncertain,

12h

Appeals Court Allows Trump Order That Ends Union Protections for Federal Workers

A famously liberal circuit court ruled in President Trump’s favor, authorizing a component of his sweeping effort to assert ...

17hon MSN

Trump administration paid federal employees billions not to work, report says

Donald Trump’s so-called Department of Government Efficiency has spent nearly $21 billion in taxpayer funds on employees ...

1don MSN

Federal judges detail rise in threats, 'pizza doxings,' as Trump ramps up criticism

In 2020, a disgruntled litigant posing as a deliveryman opened fire at the New Jersey home of District Judge Esther Salas, ...

16hon MSN

Stocks close lower after Trump's new tariffs, weak jobs report

Friday, a day after President Donald Trump signed an executive order slapping new tariffs on dozens of countries. A weak jobs ...

Brown University reaches deal with Trump admin to restore federal funding

Brown University reached a $50 million agreement with the federal government to restore funding. Meanwhile, the New York ...

1don MSN

Triumphant in trade talks, Trump and his tariffs still face a challenge in federal court

The U.S. Constitution gives the power to impose taxes — including tariffs — to Congress. But lawmakers have gradually ...

17hon MSN

Trump fires head of labor statistics bureau after weak jobs report: Live updates

The new tariff rates came before an Aug. 1 deadline Trump gave about 180 countries to either reach trade deals or face higher ...

Trump blasts ‘Too Late’ Powell

President Donald Trump resumed his criticism of Federal Reserve Chair Jerome Powell after the central bank declined to cut ...

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