September Federal Reserve Board Composition Forecast: Trump Camp May Have a Four to Three Edge
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)
You may also like
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.





