President Trump on Friday evening demanded Fed Chairman Jerome Powell resign after the Federal Reserve Governor resigned.
““Too Late” Powell should resign, just like Adriana Kugler, a Biden Appointee, resigned. She knew he was doing the wrong thing on Interest Rates. He should resign, also!” Trump said on Truth Social.
Biden-appointed Federal Reserve Governor Adriana Kugler announced she will be resigning from her post next Friday, August 8.
Adriana Kugler’s resignation leaves President Trump a vacancy to fill.
“Dr. Kugler, who has served as a governor since September 13, 2023, submitted her letter of resignation to President Trump and will return to Georgetown University as a professor this fall,” the announcement said.
More huge economic news: Federal Reserve Gov. Kugler is leaving the board and returning to Georgetown to teach, handing Trump an unexpected vacancy to fill pic.twitter.com/8T9hyCqzBj
— Brendan Pedersen (@BrendanPedersen) August 1, 2025
Pulte believes Jerome Powell will also resign.
Even those who said “Jerome Powell will never resign” are now texting me that they believe he too will resign.
— Pulte (@pulte) August 1, 2025
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