O n Friday, the Federal Reserve announced Adriana D. Kugler, a member of its Board of Governors, is resigning early in a move that will allow President Donald Trump to select her replacement amid ongoing tensions with Jerome Powell, the body's chair.

Adriana Kugler, who sits on the Federal Reserve Board of Governors, unexpectedly announced her resignation on Friday, giving President Donald Trump a new vacancy to fill at the Fed. Kugler, 55, first assumed office at the Fed board in 2023.

Kugler's resignation gives Trump an opportunity to at least partially shape the Fed's makeup to his liking ahead of her original departure date. Kugler, a Biden-appointed governor, joined the seven-member board in 2023 and was set to serve through January 2026.