Trump's Bid to Pack Fed Board Now Looks Dead — SkimNews
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- Trump made replacing Biden appointees on the Federal Reserve Board of Governors with allies a recurring objective of his term, seeking changes even before the appointees’ terms ended.
- Trump’s Federal Reserve effort now looks dead in the water, with his push to place allies on the central bank’s governing board stalled.
Why it matters: Trump is the stakeholder who loses because his effort to replace sitting Biden appointees with allies before their terms ended now looks dead in the water. The direct consequence is that the Federal Reserve’s current board lineup is not immediately reshaped by his preferred appointments, leaving his institutional overhaul without a clear route forward.
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