Reuters reports that Trump is considering four candidates, including Kevin Hassett and former Fed governor Kevin Warsh, to fill the vacancy left by Adriana Kugler’s resignation.
According to Reuters, US President Donald Trump is considering four potential candidates—among them economic adviser Kevin Hassett and former Fed governor Kevin Warsh—to replace Fed Board member Adriana Kugler, whose resignation is effective August 1. Hassett disclosed a stake in Coinbase Global, while Warsh noted blockchain technology could benefit the Fed’s payment systems. The nomination, pending Senate confirmation, comes amid ongoing tensions with Fed Chair Jerome Powell and debates over presidential authority in monetary policy.