Adriana Kugler Steps Down from Federal Reserve Board

In a significant development for the U.S. economy, Adriana Kugler has resigned from her position as governor of the Federal Reserve Board, with her resignation taking effect on August 8, 2025. Originally, her tenure was expected to conclude at the end of January 2026.

A Look Back at Kugler's Tenure

Having served since September 13, 2023, Kugler's departure marks the end of a notable period at the central bank. In her resignation letter to US President Donald Trump, she expressed pride in her service during a pivotal time, emphasizing her role in advancing the Fed's dual mandate of price stability and labor market resilience.

Implications of the Resignation

Kugler's exit opens a crucial vacancy at the Federal Reserve, coinciding with President Trump's advocacy for lower interest rates. Her return to Georgetown University as a professor signifies a transition back to academia, leaving behind a legacy of dedicated public service.