September Federal Reserve Board Composition Forecast: Trump Camp May Have a Four to Three Edge

By: theblockbeats.news|2025/08/31 13:42:15
0
Share
copy

BlockBeats News, August 31st. In addition to Tim Cook, who is currently "battling Trump" in court, the Federal Reserve Board of Governors (full membership of 7) also includes Powell and two Biden-appointed governors (Jefferson and Barr), who, like Cook, are aligned with Powell. Additionally, there are two governors appointed by Trump in his first term (Waller and Bowman), both of whom voted in favor of rate cuts in July. Trump has nominated his advisor Stephen Moore to fill the vacancy left by Cugler's resignation. The Senate Banking Committee will hold a confirmation hearing for Moore next Thursday. If approved quickly, he may join the Fed in time for the September meeting, meaning Trump will have at least three supporters on the Federal Reserve Board. Furthermore, if the court rules that Trump can dismiss Cook, he will promptly nominate her successor, potentially giving him a majority (four out of seven) on the board. This ruling is unlikely to be made before the September meeting, but Cook's absence could lead to a tie between the three Trump-appointed governors, two Biden-appointed governors, and Powell. (FXStreet)

-- Price

--

You may also like

Circle Product Management Director: The Future of Cross-Chain: Building an Interoperability Technology Stack for Internet Financial Systems

Building on the foundation laid by CCTP, Circle is increasing its investment in three main areas: settlement acceleration, broader asset interoperability, and orchestration, making cross-chain value flow more seamless and efficient, and achieving internet-level usability.

UCL Fan Tokens 2026 Guide: How to Trade UEFA Champions League Crypto with Zero Fees on WEEX

Discover UCL fan tokens like PSG, Barcelona, and Man City. Learn how to trade UEFA Champions League crypto with zero fees and earn rewards on WEEX.

WEEX Poker Party Season 2: Check How to Earn Crypto Rewards Now!

Learn how WEEX Poker Party Season 2 (Joker Card Event) works. Discover rules, scoring, rewards, and strategies to earn crypto rewards through gamified trading.

Yu Weiwen: Steady Development of Hong Kong's Compliant Stablecoin Ecosystem

The President of the Hong Kong Monetary Authority, Eddie Yue, published an article titled "Steady Development of Hong Kong's Compliant Stablecoin Ecosystem" in the official column "Hui Si," in which he pointed out that this licensing marks a new stage in the regulation of stablecoins in Hong Kong.

After TACO Ceasefire, Iran War is Just on Pause

Ceasefire Eased Market Sentiment but Did Not Address Core Conflict

The 17-Year Mystery Will Be Solved, Who is Satoshi Nakamoto?

The New York Times Traces the Mystery of Satoshi Nakamoto, with Clues Pointing to Adam Back

Popular coins

Latest Crypto News

Read more