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Trump to appoint new Fed board member

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 · 16h

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.

Newsweek on MSN · 3h

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.

The Fed holds interest rates steady

NBC News on MSN · 2d

Fed holds interest rates steady as two Trump appointees vote to cut them

Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.

ABC News on MSN · 2d

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press conference in Washington, D.C., on Wednesday, Fed Chair Jerome Powell advocated for the independence of the Federal Reserve.

Boise State Public Radio · 1d

The Fed holds interest rates steady despite pressure from President Trump

The Federal Reserve held interest rates steady this week, despite demands for lower rates from President Trump. The move comes as the Commerce Department reports modest growth in the U.S. economy.

2 Fed dissenters said they're worried about job market

Reuters on MSN · 19h

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.

MarketWatch · 1d

The two Fed dissenters said they're worried about job market

The two dissenters from the Federal Reserve's decision to hold policy steady both said they wanted lower rates because of concerns about the labor market. Fed Vice Chair Michelle Bowman said the labor market "shows increasing signs of fragility.

The Gazette · 23h

Fed officials Bowman, Waller link their policy dissents to job market concerns

"With economic growth slowing this year and signs of a less dynamic labor market, I saw it as appropriate to begin gradually moving our moderately restrictive policy stance toward a neutral setting," Fed Vice Chair for Supervision Michelle Bowman said in a statement.

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

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 ...

The Fed may cut rates later this year. Here’s how to get the most from your cash savings now

Despite unprecedented public needling from President Donald Trump to lower interest rates, the Federal Reserve board stood ...

2don MSN

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

17h

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 ...

16hon 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 ...

14hon MSN

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 ...

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Trump to appoint new Fed board member

The Fed holds interest rates steady

2 Fed dissenters said they're worried about job market

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