Donald Trump’s advisers are divided over how to fill an upcoming vacancy on the Federal Reserve Board, with some pushing for a short‑term appointee and others urging the president to seat a credible successor to Fed Chair Jerome Powell, according to people familiar with internal discussions.
Federal Reserve Governor Adriana Kugler is stepping down on August 8, opening a board seat with a term that expires in January 2026. Some administration officials are advocating for a placeholder—ideally someone already confirmed by the Senate—to expedite the nomination process. Others want the president to use the opening to install someone who could be…
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