Trump is considering a change within the Federal Reserve
According to media reports (WSJ, Washington Post, Reuters), U.S. President Donald Trump is considering appointing Stephen Moore to replace current governor Lisa Cook at the Federal Reserve.
This appointment could give his administration a majority on the board and directly affect the course of U.S. monetary policy in the coming years.
Additionally, the name David Malpass is being circulated as a potential alternative candidate, as he is one of the most prominent critics of the Federal Reserve's policies.
