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Adriana D. Kugler Submits Resignation as Member of the Federal Reserve Board of Governors



The Federal Reserve Board announced on Friday that Adriana D. Kugler will step down from her position as governor of the Federal Reserve Board, effective August 8, 2025.

Dr. Kugler, who has served as a governor since September 13, 2023, submitted her letter of resignation to President Trump and will return to Georgetown University as a professor this fall. The text of the letter from Governor Kugler is below:

[SOURCE pdf]

President Trump will now get to appoint a replacement.