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Fed, Trump and Kugler

Reuters on MSN · 2h

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.

Bloomberg on MSN · 20h

Trump Says Powell ‘Should Resign’ Like Fed Governor Kugler

President Donald Trump said Jerome Powell should follow in the footsteps of Federal Reserve Governor Adriana Kugler and resign from the central bank, ratcheting up his feud with the central bank chair.

USA TODAY on MSN · 22h

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.

Trump, Fed and US labor

Reuters on MSN · 13h

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 · 12h

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 ousting 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.

USA TODAY on MSN · 22h

President Trump fires labor stats chief after calling jobs report 'phony'

President Trump fires labor bureau head after weak July jobs report, calls numbers “phony” and claims report was rigged.

22h

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 ...

5hon MSN

Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell

President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite ...

3h

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...

1don MSN

Trump Will Remake the Fed. Lower Rates Are Just the Start.

A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.

1don MSN

Trump says Fed's Powell should be put 'out to pasture'

U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be "put out to pasture." He ...

4h

U.S. Economy Grew 3% Despite Trump's Tariffs as He Repeats Call for Fed Chair To Lower Rates

The economy grew at a healthy rate despite the back-and-forth with Trump's tariffs, but the true test will come after the ...

1don 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

Trump slams Powell as 'moron' and calls for Fed's board to take control of policy moves

President Donald Trump attacked Federal Reserve Chair Jerome Powell on Truth Social, urging the Fed's Board to assume control ...

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