Fed Governor's Ethics Scandal: Trump Fills Vacancy
Update: 2025-11-15
Description
Former Federal Reserve Governor Adriana Kugler resigned amidst controversy over her financial holdings, which allegedly violated the central banks ethics rules. Her departure was preceded by an internal probe and the refusal of a waiver request by Chair Jerome Powell. The position was subsequently filled by Trump ally Stephen Miran, known for advocating rapid interest rate cuts.
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