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Trump to appoint new Fed board member

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.

CNN on MSN · 1d

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.

USA TODAY on MSN · 1d

Trump to appoint new Fed board member after governor Kugler announces resignation

Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the chance to appoint an early replacement amid his monthslong campaign to badger Fed officials into lowering interest rates.

Fed, Trump and rates

SFGATE · 18h

Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to 4.5%.

The New York Times · 2d

Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993.

Fortune on MSN · 1d

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

President Trump erupted on social media after the Federal Reserve held interest rates steady this week. The president called on the board to “assume control” and lower interest rates on the same day a Biden-appointed Fed governor announced her resignation.

Fed, Cut Rates and Job-Market Slowdown

Reuters on MSN · 1d

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central bank should have cut interest rates when it met this week, as it offered some support to those who’d favored an easing in borrowing costs.

USA Today · 1d

Fed stands pat on rates, but jobs report signals it may regret It: This week in markets

After nearly four months of relentless gains, Wall Street took a step back, with major indexes finishing the week lower.

Wall Street Journal · 1d

Job-Market Slowdown Will Test Fed's Reluctance to Cut Rates

A slowdown in hiring over the last three months could open the door for Federal Reserve officials to entertain cutting rates at their next meeting in September. At a minimum, it underscores the high-wire act they face as the economy slows at a time price pressures have picked up.

Trump Rages at Fed Chair Powell

HuffPost on MSN · 21h

Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell

President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite persistently goading him to leave his post.

Barron's on MSN · 1d

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.

Benzinga - Video on MSN · 1d

Trump Rages at Fed Chair Powell After Fed Holds Rates Steady

Trump lashed out at Fed Chair Jerome Powell on Thursday following the central bank’s decision to hold interest rates steady, according to Axios. On Truth Social, the president unleashed a stream of insults at Powell and undermining the Fed chair's leadership at the central bank.

15h

Mortgage Rates Dropped Ahead of This Week's Fed Meeting—But the Link May Be Weaker Than You Think

Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...

18hon MSN

Did the Fed just royally screw up?

“The labor market has become less dynamic and shows increasing signs of fragility,” Bowman wrote, adding that just few ...

1don MSN

Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...

The Fed's Preferred Inflation Gauge Shows Rising Price Pressures

Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...

2don MSN

The Fed's latest decision is leaving open a window of opportunity that many Americans may be ignoring

The Fed has taken a lot of heat for not cutting interest rates this year, but there's an overlooked opportunity amid high ...

1don MSN

The Jobs Report Stunned. The Fed Has to Recalculate.

The Fed’s next policy meeting is six weeks away. That leaves time for another jobs report, fresh inflation data, and the ...

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Trump to appoint new Fed board member

Fed, Trump and rates

Fed, Cut Rates and Job-Market Slowdown

Trump Rages at Fed Chair Powell

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