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:
- Fed’s Cook says will not resign and Trump has no authority to fire her
- Fed Spokesperson: Federal Reserve Act gives the president the power to remove “for cause”
This article was written by Eamonn Sheridan at investinglive.com.
