Trump set to fill Fed board vacancy by week's end, has narrowed chair search to four
UNITED STATES, AUG 8 – Kugler’s early resignation lets Trump fill a key Federal Reserve seat favoring faster interest rate cuts, potentially shifting U.S. monetary policy ahead of the 2026 midterms.
- President Donald Trump announced that he has chosen Stephen Miran to fill a vacant seat on the Federal Reserve Board on an interim basis until January 31, 2026.
- Miran will replace Adriana Kugler, who unexpectedly resigned last week before her term was set to end in January.
- Trump stated on Truth Social that Miran's expertise in economics is unparalleled and that he will do an outstanding job.
60 Articles
60 Articles
Trump selects Stephen Miran to fill empty post on the Federal Reserve Board
Miran will replace former board member Adriana Kugler, who was appointed by former President Joe Biden in 2023. Her term was expected to end in January, but she resigned unexpectedly last week
Federal Reserve Governor Christopher Waller stands as one of the main candidates to preside over the central bank among President Donald Trump's advisors, who seek a possible replacement for Jerome Powell, according to sources close to the process. Trump's advisors value Waller's willingness to push forward policies based on forecasts rather than current data, as well as his deep knowledge of the Fed's system, according to the same sources. Alth…
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