Biden Nominates First Hispanic Woman to Fed Board – Who is She?

Guest Post by Martin Armstrong

The headlines praise Biden for nominating the first Latina woman to the Federal Reserve’s board. None of the current headlines list her qualifications, which is a given since this administration favors diversity over experience. I, for one, would like to know more about the people being placed in positions of power since their nationality has no relation to their responsibilities. Yet Sen. Robert Menendez (D, NJ) continually criticized the Fed for not having any Latino members. Let us look into Adriana Kugler, who may become very influential in the financial world.

Kugler, 53, was an executive director for the World Bank. She earned a Bachelor of Arts from McGill University in 1991, graduating with first-class honors in economics and political science. She was awarded her Ph.D. in Economics by the University of California at Berkeley in 1997. She worked as the chief economist for the Labor Department under Obama from September 2011 to January 2013 as well.

A recent article from the Wall Street Journal actually shines some light on Kugler and her policies. The picture they used of her was taken at a World Economic Forum event. She fought for the US government to provide families with $26,400 in funding during the pandemic and proposed three separate pilot programs to raise unemployment benefits. “For every one dollar that we put into the pockets of the unemployed working Americans, two dollars ripple throughout the economy, and it’s actually a win-win—it helps everybody,” she said. Well, that line is troublesome for obvious reasons since inflation should be the top priority for the Fed.

She is a proponent of closing the wage gap and eliminating income inequality. She penned an article about “income redistribution in the form of tax and transfer programs” to offer social insurance for the poor.

“Income redistribution in the form of tax and transfer programs provide social insurance and protection against many types of risks over a person’s lifetime and over his or her career that are not always provided through private insurance. Thus, social insurance in the form of transfer programs—such as the Temporary Assistance for Needy Families, or TANF, program; Medicaid; the Supplemental Nutrition Assistance Program, or SNAP, formerly known as food stamps; and the Special Supplemental Nutrition Program for Women, Infants, and Children, more commonly referred to as WIC—allows individuals to make decisions that involve higher risk, while at the same time affording them greater mobility than they would otherwise undertake.”

She argues that America needs a “more progressive tax system” in addition to “transfer programs” to redistribute wealth. “[P]rogressive taxation and transfer to the poor is not only the right thing to do; it is the smart thing to do,” the new Fed appointee stated.

The World Bank executive is also a big proponent of open immigration policies and climate change initiatives. “It is the biggest existential threat of our time, and I do believe that we need domestic action to go hand in hand with global leadership on climate change,” she claimed.

Biden has also elevated Philip Jefferson to be the Fed’s vice chair, making him the #2 guy at the Federal Reserve.

The Federal Reserve is intended to be separate from the government, but Biden is installing people who openly hold partisan views regarding economics. Kugler supports Biden and the Build Back Better globalists in terms of her views on wealth redistribution, combining climate change with fiscal policy, government aid, increased social programs, and more. But hey, at least she is Hispanic and female.

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31 Comments
Anonymous
Anonymous
May 16, 2023 6:40 am

Is Kugler a common Spanish surname?

flash
flash
  Anonymous
May 16, 2023 9:05 am

ha ha ha…nobody could’ve known….. She is the first Latinx person and first Jewish woman to be appointed to this position since the foundation of the World Bank in 1944. She is also a proud UC Berkeley alumna who graduated with a PhD in 1997.Dec 6, 2022

Alumni Interview: Adriana Kugler, World Bank Executive …

Anonymous
Anonymous
May 16, 2023 6:42 am

Adriana Kugler doesn’t sound Latino to me. Maybe she’s half Latino. What’s the other half? Can’t seem to find that information. I’ll bet I could guess though.

TwatWaffle
TwatWaffle
  Anonymous
May 16, 2023 8:25 am

Other half is: Cunt

NtroP
NtroP
  TwatWaffle
May 16, 2023 10:51 am

Communist Cunt
FIFY

Anonymous
Anonymous
May 16, 2023 6:42 am

The eyes are a give away. At first glance she is a moderately pretty young woman– but if you really look at the eyes you can see the crazy/fanaticism in her brain workings.

She checks all the boxes: minority, vagina ( real or imagined required), graduated from Berkeley, worked for Obama, wants to take from workers and give to the non-working, believes climate change is #1 ( Go team!.. I always picture a giant foam finger with “climate change #1″written on it) …

My favorite part is this actual quote from her….. “of the unemployed working Americans” — and to think that she worked at the labor debpt.

Javelin
Javelin
  Anonymous
May 16, 2023 6:43 am

Sorry– the above sarc was delivered by me, Javelin. Computer update scrubbed my pre-fills.

Iska Waran
Iska Waran
  Anonymous
May 16, 2023 12:44 pm

The nose is also a give-away. They always take their photos looking straight-on, and slightly downward. Hide the hook.

A cruel accountant
A cruel accountant
  Anonymous
May 16, 2023 1:49 pm

Thousand cock stare!

Tex
Tex
  Anonymous
May 16, 2023 4:16 pm

she is a moderately pretty young woman

Nicer eye candy than many of the tattooed female hogs around here anyway. And no rotted teeth in that pic. 🙂

Hollow man
Hollow man
May 16, 2023 6:58 am

A communist/ democrat progressive

Brewer55
Brewer55
May 16, 2023 7:22 am

Another communist in a position of power. Who’d a thunk?

Obbledy
Obbledy
May 16, 2023 7:40 am

So if your a penis owner…….GET A JOB,nobody cares about you!!as a matter of fact,YOUR the reason that no women’s can get job…..waaaahhhhh,just like the race pimps.
For all of women’s ACTUAL SOCIAL advancements in society,you cut your own throat with so-called “feminism”and the fourth wave insanity……like I have said,
The only thing you hate more than men is YOURSELF!
The application of social safety net statutes is entirely SEXIST ……there,fixed it for me…..

hardscrabble farmer
hardscrabble farmer
May 16, 2023 8:08 am

A former World Bank employee and current open borders advocate.

Yes, this should be an improvement.

Dangerous Variant
Dangerous Variant
  hardscrabble farmer
May 16, 2023 8:16 am

Latinhispanicas are natural conservatives. The Republican Party tells me that all the time. In fact, it is banking on that. Did I say banking? I meant family values. Like common sense immigration reform so the whole family can come “vote” conservative too.

McGill? Whats with the canadian-commie pipeline? Interesting.

Visayas Outpost
Visayas Outpost
May 16, 2023 8:27 am

YOU CAN’T SAY LATINA WOMAN.

Someone didn’t get the memo. That is a child-bearing person with dark white skin.

anon a moos
anon a moos
  Visayas Outpost
May 16, 2023 9:16 am

nailed it

GNL
GNL
May 16, 2023 8:28 am

“She is a proponent of closing the wage gap and eliminating income inequality. She penned an article about “income redistribution in the form of tax and transfer programs” to offer social insurance for the poor.”

This is what wealth/income inequality, if it gets bad enough, leads to. Expect more of this.

Euddie
Euddie
May 16, 2023 9:01 am

Sephardic/Ashkenazi

Iggy
Iggy
May 16, 2023 9:21 am

Spanish Jew?

Dangerous Variant
Dangerous Variant
  Iggy
May 16, 2023 10:18 am

Gezuntheit!

Daddy joe
Daddy joe
May 16, 2023 9:31 am

Good! You would think that with more idiots and enemies appointed within this entire corrupt house of cards would collapse and have a chance to be rebuilt. But alas, much more pillaging is required, and besides there is slim to no chance that anything good will arise to replace what we once had.

Anonymous
Anonymous
May 16, 2023 10:44 am

I was always told that a surname ending in -ler or -ner indicated Jewish affiliation (Kevin Costner, Hugh Hefner, William Shatner, Martin Milner).

Euddie
Euddie
  Administrator
May 16, 2023 12:03 pm

“When you’re in Loves, the whole world’s delicious!”

“When you’re beach nogs, the whole world’s a toilet.”

World War Zero
World War Zero
  Administrator
May 16, 2023 2:44 pm

Yo Abdul, use your white GF’s hair to wipe that dirty ass off… this is a respectable country.

WilliamtheResolute
WilliamtheResolute
May 16, 2023 12:55 pm

Most of Brandon’s appointees can list: Useful idiot as a skill…

Scot
Scot
May 16, 2023 1:26 pm

She has deep ties to, and is owned by, Pfizer.

Tex
Tex
May 16, 2023 4:12 pm

Who is she? I don’t know but that Comanche sure resembles much of the European connection. Note the necklace.

some idiot
some idiot
May 16, 2023 8:12 pm

When do we get the first midget appointment? We really don’t have progress unless we have a little person directing the nation.

Anonymous
Anonymous
May 16, 2023 8:41 pm

Sounds like a true believer in the WEF destruction of the free world and true working independently to be successful will be considered anti woke !
Another leftist idiot to rule in clown world 🤡