The Federal Reserve Board of Governors suddenly resigned, and Trump may finalize the next chairman candidate ahead of schedule.

On August 2, The Federal Reserve Board of Governors member Kugler unexpectedly announced his resignation on Friday, providing President Trump with an opportunity to fill the Fed vacancy sooner than anticipated, and possibly forcing him to finalize the next chairman's selection several months earlier.

Economist Derek Tang from the monetary policy analysis firm LH Meyer stated, "The ball is now in Trump's court. Trump has been pressuring the Fed, claiming he wants to install his own people. Now the opportunity has come." Although Powell's term as chair ends in May next year, his term as a governor continues until 2028. If Powell does not voluntarily resign from his governor position, Trump will have no opportunity to fill the vacancy before 2028.

In this case, Trump may be forced to fill the vacancy left by Kuger with the proposed chairman candidate. Tobin Marcus, head of U.S. Policy and Political Strategy at Wolf Research, pointed out: "The key is that this is the only position vacancy Trump can operate on. If he wants to look for the next chairman from outside the Fed, the nomination may be revealed in advance."