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 AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

DeepSeek Financing Story






