Adriana Kugler’s exit unfolds amid unprecedented public pressure from the White House on the central bank over monetary policy, with Trump regularly launching personal insults at Jerome Powell,

One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, is stepping down next week, creating an opening for President Donald Trump.

Federal Reserve governor Adriana Kugler announced that she will step down next Friday, opening up a spot on the central bank’s powerful board that President Donald Trump will be able to fill.