Trump Faces Four Paths to Shape Fed Policy Team

Macro
โดย Reuters·US·Read original
Summary · why it matters

U.S. President Donald Trump's efforts to oust Federal Reserve officials have been stalled by courts and Senate pushback, but he may still have as many as four opportunities to increase his influence over the central bank's policy committee. Fed Governor Lisa Cook, the first Black woman on the board, is fighting her dismissal after the Supreme Court affirmed she cannot be removed without adequate cause; the administration argues a mortgage document misstatement is cause, and she must reply by Wednesday. Fed Governor Jerome Powell, who served as chair until May, remains on the board until early 2028, providing the only certain seat for Trump to fill. Vice Chair Philip Jefferson faces a decision on whether to remain in his governor's seat until 2036, which could affect Trump's appointment options. Additionally, the Atlanta Fed presidency has been open since February 28, with the selection process delayed for Warsh's vetting.

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