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Fed, Trump and Kugler

Reuters on MSN · 1d

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.

USA TODAY on MSN · 2d

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.

CNN on MSN · 2d

A Fed governor is resigning, opening a spot for a Trump appointee

A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of her term, handing President Donald Trump an early opportunity to fill a key vacancy.

Trump, bureau of labor statistics

Reuters on MSN · 2d

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

By Lucia Mutikani, Nandita Bose and Michael S. Derby WASHINGTON/NEW YORK (Reuters) -President Donald Trump on Friday fired a top Labor Department official on the heels of a market-shocking weak scorecard of the U.

The Washington Post on MSN · 4h

Trump economic adviser defends firing of labor official after soft jobs report

Kevin Hassett pointed to the scale of hiring data revisions when asked for evidence to support Trump’s claims that the jobs report was politically rigged.

UPI News on MSN · 3h

Economists defend labor data chief fired by Trump

Economists are defending Bureau of Labor Statistics commissioner Erika McEntarfer, who was fired by President Donald Trump on Friday over the July jobs report.

2hon MSN

Trump Admin Broke Rules to Move Ghislaine to Club Fed Camp

Convicted child sex trafficker Ghislaine Maxwell secured a secret prison transfer after the Bureau of Prisons waived a rule ...

2don 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.

12h

Economic fears of investors are here — and fed by Trump’s reaction

For months, the U.S. economy appeared to be weathering the disruptive effects of President Donald Trump’s trade and ...

2don MSN

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 ...

2don 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 ...

2don 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 ...

2don MSN

Nearly 150,000 Federal Workers Have Left Under Trump, New Analysis Shows

Making employees miserable has helped the administration push them out the door through deferred resignation and early ...

23hon MSN

Federal agency opens probe into former Trump prosecutor Jack Smith

A U.S. federal agency has opened a formal investigation into former Special Counsel Jack Smith, who oversaw two criminal ...

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