Federal Reserve governor Adriana Kugler's resignation creates high odds that the nation will soon learn who the next leader of the central bank will be. Why it matters: There is a high likelihood that President Trump's nominee to the vacant post will join the Fed well before the chairmanship of its current leader,

Federal Reserve Governor Adriana Kugler will step down from her position on the central bank’s board, the Fed announced Friday, handing President Donald Trump a sooner-than-anticipated opportunity to install a new policymaker who aligns with his vision for interest rates.