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Former Federal Reserve Governor Adriana Kugler abruptly resigned after Chair Jerome Powell refused to grant her a waiver to address financial holdings that ran afoul of the central bank’s ethics rules, according to a Fed official. Kugler also faced a probe by the Fed’s internal watchdog related to her recent financial disclosures before stepping down … Read more
Key Takeaways Fed Governor Adriana Kugler will resign on August 8 to rejoin Georgetown University. Her departure opens a Board vacancy that must be filled by a new nomination from President Trump. Share this article Federal Reserve Governor Adriana Kugler will depart the Board of Governors next Friday, August 8, to return to a faculty … Read more
Adriana Kugler, member of the Board of Governors of the US Federal Reserve, speaks on the economy in Washington, DC, US, on Wednesday, Feb. 7, 2024. Al Drago | Bloomberg | Getty Images Inflation could prove sticky while prices might pick up again, Federal Reserve Governor Adriana Kugler warned, signaling that the U.S. central bank … Read more
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