President Donald Trump has announced he will appoint a new Federal Reserve governor by the end of the week following the resignation of Governor Adriana Kugler, who will leave her post on 8 August.
Kugler became a governor in September 2023, and will leave before her term’s conclusion, which was set to expire at the end of January 2026.
"I'll be making that decision before the end of the week," Trump said.
Trump noted that the selection process has been narrowed down to a few final candidates. “Everybody wants it. Okay? It’s not a couple, but we’ve narrowed it to a couple of candidates,” he said.
The president also indicated that the search for a potential replacement for current Fed Chair Jerome Powell has progressed, with the list now down to four individuals.
“We’re looking at the Fed chair and that’s down to four people right now… I’ve already said this, two Kevins and two other people,” Trump remarked.
There is ongoing speculation that Trump may use the upcoming Fed governor appointment to position a future chair candidate in a transitional role ahead of broader leadership changes at the central bank.
Utah prosecutors said on Tuesday they will seek the death penalty for the suspect in conservative activist Charlie Kirk's assassination and revealed s...
In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on adv...
Benfica squandered a two-goal advantage, falling 3-2 at home to Qarabag in their Champions League opener. Oleksiy Kashchuk's late strike secured a his...
The International Atomic Energy Agency said on Tuesday its team at Ukraine's Zaporizhzhia nuclear power plant heard shelling close to the site and obs...
U.S. President Donald Trump arrived in Britain late on Tuesday for his second state visit, where the UK and US plan to announce major investment deals...
In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on advancements in AI, quantum computing, and civil nuclear energy.
Benfica squandered a two-goal advantage, falling 3-2 at home to Qarabag in their Champions League opener. Oleksiy Kashchuk's late strike secured a historic comeback for the Azerbaijani side.
The International Atomic Energy Agency said on Tuesday its team at Ukraine's Zaporizhzhia nuclear power plant heard shelling close to the site and observed black smoke rising from three nearby locations.
U.S. President Donald Trump arrived in Britain late on Tuesday for his second state visit, where the UK and US plan to announce major investment deals and strengthen their “special relationship,” Prime Minister Keir Starmer said.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Utah prosecutors said on Tuesday they will seek the death penalty for the suspect in conservative activist Charlie Kirk's assassination and revealed some of the evidence against him, including alleged text messages in which he appeared to confess to the crime.
In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on advancements in AI, quantum computing, and civil nuclear energy.
Benfica squandered a two-goal advantage, falling 3-2 at home to Qarabag in their Champions League opener. Oleksiy Kashchuk's late strike secured a historic comeback for the Azerbaijani side.
The International Atomic Energy Agency said on Tuesday its team at Ukraine's Zaporizhzhia nuclear power plant heard shelling close to the site and observed black smoke rising from three nearby locations.
U.S. President Donald Trump arrived in Britain late on Tuesday for his second state visit, where the UK and US plan to announce major investment deals and strengthen their “special relationship,” Prime Minister Keir Starmer said.
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