🏛️
Attempting to break a system that has been built for over a century is nearly impossible ⚖️ But Trump is still trying. There are two paths:
🔹 hard — through changes in laws and protocols 📜
🔹 soft — through rearrangement of votes in the Council 🗳️
The White House chose the second one.
🔐 Why didn't the 'front' option work?
⚖️ Judicial processes protected Lisa Cook and the independence of the Fed.
👤 At that time, Stephen Miran joined the Council, shifting the balance of decisions.
📅 A key moment is May 2026: the end of Powell's term and the appointment of a new head through the Senate.
📜 It is possible to rewrite the mandate and rules of the FOMC, but it is a long and arduous path ⏳ The system's resistance is immense.
Nevertheless, the goal of the White House is clear — to make the Fed its tool 🎯
🔗 Consequences for the world:
🌪️ Markets risk falling into a 'perfect storm'.
📈 Treasury yields will rise even with rate cuts.
💵 The dollar may lose trust and its reserve status.
🌍 The global financial system will become unstable.
⚠️ Bonds will cease to be a reliable anchor, and monetary policy will become unpredictable 🎲
💭 My conclusion: if the Fed loses its independence, the consequences will be catastrophic not only for the U.S. but for the entire global economy.
