President Donald Trump said on Aug. 3 that he would appoint a new Federal Reserve governor and Bureau of Labor Statistics (BLS) commissioner within the next few days.
Trump was addressing the resignations of Fed Gov. Adriana Kugler and BLS Commissioner Erika McEntarfer, saying he would announce their replacements soon.
Kugler, whose term was set to expire in January 2026, said she will exit the central bank on Aug. 8, without providing a reason for the move. The Fed stated that Kugler would return to Georgetown University as a professor this fall.
Speaking to reporters, Trump said he has a “couple of people in mind” to replace Kugler and expects to announce his pick soon….
Trump to Announce New Fed Governor, Labor Statistics Chief in Next Few Days
