Trump wants to extend his 'influence' to Federal Reserve Banks

  • Trump is planning further eroding Federal Reserve independence
Trump

A couple of items crossing news services:

  • Trump is weighing options to extend influence to Fed banks - Bloomberg with this
  • (ie. Trump reviewing options for exerting more influence over the Federal Reserve’s 12 regional banks)
  • Trump has told advisers that he wants to move quickly to announce a nominee to replace Lisa Cook on the Federal Reserve’s Board of Governors -Wall Street Journal with this
    • Trump is considering Stephen Miran and David Malpass as a replacement for Lisa Cook on the Federal Reserve Board (via WSJ also)

ICYMI, the context for all this is Trump's attempts to fir Federal Reserve Governor Cook:

Cook is giving Trump the middle finger:

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