Adriana Kugler’s exit unfolds amid unprecedented public pressure from the White House on the central bank over monetary policy, with Trump regularly launching personal insults at Jerome Powell,

One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, is stepping down next week, creating an opening for President Donald Trump.

Trump has launched a series of scathing attacks on Powell over his refusal to reduce interest rates. The president claimed that the central banker is "TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair" in a post on his Truth Social website on Thursday.