Biden-appointed economic official RESIGNS

A top economic official at the Federal Reserve resigned on Friday, the latest sign of turmoil amid an ongoing turf feud between its chair, Jerome Powell, and President Donald Trump over the future of interest rates. Adriana Kugler, a Biden appointee to the Federal Reserve Board of Governors, submitted her resignation to President Trump, the bank announced in a press release. She plans to return to Georgetown University as a professor in the fall.