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Fed, Trump and Kugler

Newsweek on MSN · 1h

Fed Governor Adriana Kugler resigns early in boost for Trump: what to know

O n Friday, the Federal Reserve announced Adriana D. Kugler, a member of its Board of Governors, is resigning early in a move that will allow President Donald Trump to select her replacement amid ongoing tensions with Jerome Powell, the body's chair.

USA TODAY on MSN · 14h

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.

The New York Times · 14h

Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.

Trump, Fed and US labor

Reuters on MSN · 4h

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

In a second surprise economic policy development, Fed Governor Adriana Kugler unexpectedly announced her resignation on Friday afternoon.

Bloomberg on MSN · 12h

Trump Fires Data Chief on Bad Job News, Gets Chance to Tilt Fed

President Donald Trump got some bad economic news Friday, and responded by shooting the messenger. Trump fired the head of the Bureau of Labor Statistics, hours after it sent markets tumbling with a report that showed a dramatic slowdown in US hiring.

Hosted on MSN · 14h

Data credibility fears fueled after Trump orders firing of labor official

By Davide Barbuscia NEW YORK (Reuters) -Sharp downward revisions to past jobs data on Friday, followed by Trump’s sudden order to fire the head of the Bureau of Labor Statistics, stoked investor fears about the integrity of economic data and the Fed’s ability to read the true state of the economy.

16hon 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 ...

19hon 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 ...

1don MSN

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

1don MSN

Federal appeals court weighs Trump's tariffs in major legal test

The Trump administration asked the U.S. Court of Appeals for the Federal Circuit to review a trade court's decision ...

1d

Brown University reaches deal with Trump admin to restore federal funding

Brown University reached a $50 million agreement with the federal government to restore funding. Meanwhile, the New York ...

1don MSN

Federal judges detail rise in threats, 'pizza doxings,' as Trump ramps up criticism

In 2020, a disgruntled litigant posing as a deliveryman opened fire at the New Jersey home of District Judge Esther Salas, ...

1don MSN

Trump hits Powell as 'total loser' after Fed leaves rates unchanged

President Donald Trump slammed Federal Reserve Chair Jerome Powell as a "total loser" after the central bank left interest ...

2don MSN

Fed's Powell has stark message on September decision despite Trump's warning

Regarding the interest rate policy in September, Fed's Jerome Powell said the bank doesn't make decisions in advance.

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