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,

Dr. Adriana Kugler, the first Hispanic woman on the US Federal Reserve Board, is stepping down ahead of her term’s end and may return to Georgetown University as professor. Her departure creates a key opening for President Trump to influence Fed leadership.