Trump to Announce New Federal Reserve Candidate Soon Amid Leadership Changes

On Sunday, President Donald Trump announced that he plans to reveal his choice for a vacant Federal Reserve position within the upcoming days. The Federal Reserve recently announced the early departure of Governor Adriana Kugler, creating an opportunity for Trump, who has been a vocal critic of the central bank's leadership, to appoint a new member. © 2025 Thomson/Reuters. All rights reserved. Stay updated with the latest breaking news and in-depth analysis delivered directly to your inbox. Note: Newsmax, Moneynews, Newsmax Health, and Independent are trademarks of Newsmax Media, Inc. Newsmax TV and Newsmax World are also trademarks of the company.