Federal Reserve Governor Adriana Kugler will resign from the central bank’s board next week, the Fed announced Friday.
“It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” Kugler said in a statement. “I am especially honored to have served during a critical time in achieving our dual mandate of bringing down prices and keeping a strong and resilient labor market.”
Kugler’s resignation is effective August 8. She joined the Board in September 2023 and had been serving a term set to expire in January 2026. She will return to Georgetown University, where she previously held faculty and…
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