[The Federal Reserve Board of Governors Kuggler will resign next week, giving Trump a head start on appointments] The Federal Reserve stated in a statement that Board of Governors member Kuggler will resign next week, providing Trump with an opportunity to appoint a favored candidate ahead of time, who may take up a leadership position at the Bank Sentral. Kuggler's position was not expected to become vacant until January next year, and there are currently no other vacant positions on the seven-member Federal Reserve Board. Trump will now have the chance to immediately appoint a Board member to pressure Chairman Powell—and this member could potentially succeed Powell. The statement said Kuggler has submitted his resignation to President Trump and will step down next Friday (August 8) to return to Georgetown University as a professor. Kuggler did not attend this week's Federal Reserve policy meeting, and the Board stated he was absent due to personal matters. Kuggler previously served as chief economist at the Department of Labor and was appointed to the Federal Reserve Board by Biden in 2023.
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The Federal Reserve Board of Governors Kuger akan mengundurkan diri minggu depan, Trump mendapat kesempatan untuk menunjuk.
[The Federal Reserve Board of Governors Kuggler will resign next week, giving Trump a head start on appointments] The Federal Reserve stated in a statement that Board of Governors member Kuggler will resign next week, providing Trump with an opportunity to appoint a favored candidate ahead of time, who may take up a leadership position at the Bank Sentral. Kuggler's position was not expected to become vacant until January next year, and there are currently no other vacant positions on the seven-member Federal Reserve Board. Trump will now have the chance to immediately appoint a Board member to pressure Chairman Powell—and this member could potentially succeed Powell. The statement said Kuggler has submitted his resignation to President Trump and will step down next Friday (August 8) to return to Georgetown University as a professor. Kuggler did not attend this week's Federal Reserve policy meeting, and the Board stated he was absent due to personal matters. Kuggler previously served as chief economist at the Department of Labor and was appointed to the Federal Reserve Board by Biden in 2023.