New Delhi, Aug. 2 -- In a major shake-up at the US Federal Reserve, Governor Adriana Kugler has resigned from her position on the central bank's board, offering former President Donald Trump a crucial opportunity to reshape monetary policy ahead of the 2026 Federal Reserve chair transition.

Kugler, the first Hispanic policymaker to sit on the Fed's Board of Governors, submitted her resignation letter on Friday, effective 8 August. Her early departure - her term was set to expire in January 2026 - coincided with renewed attacks by Trump on Fed Chair Jerome Powell, whom he derisively labelled "Too Late" in a Truth Social post.

Donald Trump wasted no time leveraging Adriana Kugler's exit to advance his ongoing campaign against Jerome Powel...