Adriana D. Kugler will resign from her role as a governor on the Federal Reserve Board, effective August 8, 2025. She began her term on September 13, 2023, and her departure marks a significant transition for the Board.
Dr. Kugler plans to return to Georgetown University as a professor. In her resignation letter, she expressed gratitude for her time at the Fed, emphasizing the importance of her work in stabilizing prices and supporting the labor market during challenging times.
Jerome Powell, the Chair of the Federal Reserve, acknowledged her contributions, highlighting her deep experience and insights that enriched the Board’s discussions. During her tenure, Dr. Kugler participated actively in several key committees, addressing issues like financial stability and community banking.
Before joining the Federal Reserve, Dr. Kugler held various roles at Georgetown University. She also served as the U.S. executive director at the World Bank, where she was recognized with the Chase Award for her contributions to development. She has a Ph.D. in economics from UC Berkeley and bachelor’s degrees in economics and political science from McGill University.
Her resignation comes at a pivotal moment for the Federal Reserve as it navigates ongoing economic challenges. Recent data shows inflation rates have fluctuated, putting pressure on policymakers to find a balance between growth and stability. Experts suggest that the Fed’s decisions will be critical in shaping the economic landscape in the coming years.
As Dr. Kugler steps back into academia, her insights will continue to impact discussions about economic policy and community development, especially given her focus on smaller banks and regional economic issues. The changes at the Federal Reserve should be closely watched, as they could influence everything from interest rates to employment trends.
For further information, you can check the official announcement [here](https://www.federalreserve.gov). This transition underlines the evolving nature of economic governance and the importance of experienced voices like Dr. Kugler’s in shaping effective policies.