Trump says ‘very happy’ about Fed board vacancy

US President Donald Trump said Friday that he was “very happy” about an upcoming vacancy on the Federal Reserve’s board, shortly after the central bank announced an early resignation among its leadership.

Trump’s comments came after Fed governor Adriana Kugler submitted her resignation letter. Her term as a board member was due to end in January 2026, and her early departure next week allows Trump to appoint someone new to the Fed sooner than anticipated.