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Trump says he’ll tap new Fed candidate to take open role in the next couple of days

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5 hours ago

President Donald Trump said Sunday evening that he will soon announce a nominee to fill a new vacancy on the Federal Reserve’s Board of Governors.The opening on the Fed Board follows last week’s announcement that Governor Adriana Kugler will step down early—well before her term was set to expire in January—leaving a seat open on the panel that guides the nation's monetary policy.The seven members that make up the Fed Board are called governors and are nominated by the president and confirmed by the Senate. The appointment comes as tensions between Trump and Federal Reserve Chairman Jerome Powe...

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