3 weeks ago
The Fed said on Friday that Governor Adriana Kugler was resigning early from her term, leaving an opening for Trump, a sharp critic of the US central bank's leadership, to fill.
Trump said he will also announce a new head for the Bureau of Labor Statistics (BLS) within three or four days.
New Delhi,UPDATED: Aug 4, 2025 05:56 IST
In Short
Fed Governor Kugler resigned earlyNew BLS head to be announced shortlyBLS chief fired over job data claimsUS President Donald Trump announced on Sunday that he plans to name a candidate to fill an open position at the Federal Reserve within the next couple of days. This vacancy arose after Fed Governor Adriana Kugler announced her early resignation last Friday, leaving a key role open at the central bank. Trump has been a vocal critic of the Fed’s leadership in recent years.
In addition, Trump said he will also announce a new head for the Bureau of Labor Statistics (BLS) within three or four days. This comes after he fired BLS Commissioner Erika McEntarfer, accusing her of falsifying job numbers—claims for which he has not provided evidence.
This is a developing story.
- Ends
Published By:
Satyam Singh
Published On:
Aug 4, 2025
