Federal Reserve Board Member Adriana D. Kugler Announces Resignation
Washington D.C. – August 1, 2025 – The Federal Reserve announced today that Adriana D. Kugler has submitted her resignation as a member of the Federal Reserve Board of Governors. Her departure will be effective August 8, 2025.
Governor Kugler’s tenure on the Board has been marked by her thoughtful contributions to the Federal Reserve’s deliberations on monetary policy, financial stability, and economic research. Her insights, particularly in areas related to labor markets and inclusive economic growth, have been highly valued by her colleagues and the broader economic community.
Appointed to the Board in September 2023, Governor Kugler brought a wealth of experience from her previous roles, including her service as Under Secretary for Economic Growth, Energy, and the Environment at the Department of State, and as Chief Economist at the U.S. Department of Labor. Her background in both public service and economic analysis provided a unique perspective that enriched the Board’s discussions.
The Federal Reserve System expresses its sincere gratitude to Governor Kugler for her dedicated service and the valuable contributions she has made during her time on the Board. Her commitment to the Federal Reserve’s mission of promoting maximum employment, stable prices, and moderate long-term interest rates has been evident throughout her service.
The process for nominating and confirming a successor to Governor Kugler will be undertaken in due course. The Federal Reserve Board remains committed to its vital role in guiding the U.S. economy and will continue its work on behalf of the American people.
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