Trump Says Powell ‘Should Resign’ Like Fed Governor Kugler

Aug. 1, 2025, 10:25 PM UTC

President Donald Trump said Jerome Powell should follow in the footsteps of Federal Reserve Governor Adriana Kugler and resign from the central bank, ratcheting up his feud with the central bank chair.

“‘Too Late’ Powell should resign, just like Adriana Kugler, a Biden Appointee, resigned. She knew he was doing the wrong thing on Interest Rates. He should resign, also,” Trump said on social media.

The Fed announced Friday that Kugler will step down from her position on its board, handing Trump an opportunity to install a policymaker who aligns with his demands for lower interest rates. Kugler’s governor term ...

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