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Aug 2, 2025  |  
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Lydia DePillisTony RommAlan RappeportAlan RappeportAlan RappeportSydney EmberSydney EmberTony RommTony RommTony RommTony RommBen CasselmanChoe Sang-HunKevin DraperPatricia CohenEileen SullivanJack EwingTony RommPatricia CohenPatricia CohenPatricia CohenBe


NextImg:Fed Governor Steps Down Early, Giving Trump Opportunity to Appoint New Official

The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down.