Trump, with his inherently profiteer nature, might be able to control the Federal Reserve. However, once he does, he won't be able to realize any other ambitions except disrupting Fed policy, thereby disrupting the entire US financial market, or further risk spillovers that could harm global financial markets. By the time he takes control of the Fed, he'll have only a little over a year left in his presidency. He won't be running for the next election. In the remaining year or so, allowing him to act as he pleases will only have the effect of disrupting Fed policy. While the terms of the Fed Chair and Board members he appoints will still have some time to expire after his presidency ends, if he truly allows himself to disrupt Fed policy in the remaining year or so of his presidency, his appointed Chair and Board members will likely clean up the mess he's caused after resigning, rather than perpetuating it. Many might even try to distance themselves from him. However, the far-reaching impact of such a disruption will likely not be rectified in the short term. Even if it were, it would be impossible to return to the original state.
Thus, once Trump takes control of the Fed, he will likely use the remaining year or so of his presidency to allow himself to disrupt Fed policy, further disrupting US financial markets, and potentially causing risk spillovers that could harm global financial markets. More than a year after Trump left office, the Federal Reserve Chairman and Board of Governors he appointed tried to clean up the mess he left behind, but were powerless. They could only watch helplessly as the global financial landscape was reshaped, shifting the blame onto Trump...
This is also the law of nature: from dilemma to chaos, then to the reshaping of a new landscape, ultimately achieving a new state of harmony.
