Washington —

A member of the Federal Reserve’s Board of Governors announced Friday that she is resigning several months before the end of her term, handing President Donald Trump an early opportunity to fill a key vacancy.

Fed Governor Adriana Kugler is stepping down from her role, effective August 8. She was appointed by former President Joe Biden in 2023 and her term was slated to end in January 2026.

The Fed did not cite a reason for her departure.

“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.”

Trump claimed to reporters on Friday th

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