Governor Adriana Kugler has resigned from the US Federal Reserve board. She was appointed on the Board of Governors of the Federal Reserve System since September 13, 2023, for a term until January 31,

Federal Reserve governor Adriana Kugler's resignation creates high odds that the nation will soon learn who the next leader of the central bank will be. Why it matters: There is a high likelihood that President Trump's nominee to the vacant post will join the Fed well before the chairmanship of its current leader,