Trump Advisers Push for Temporary Fed Governor to Fill Open Seat

Donald Trump’s advisers are encouraging him to nominate a temporary Federal Reserve governor to fill the soon-to-be vacant seat on the central bank’s board, according to people familiar with the discussions.

Naming a governor to serve out the term for the seat opening soon — set to expire in January 2026 — would give Trump additional time to interview candidates to serve as chair when Jerome Powell’s tenure leading the central bank ends in May of next year, the people said. Fed Governor Adriana Kugler announced last week that she plans to vacate her role on Aug. 8. ...