Trump's Early 'Show of Power'? The Drama of the Fed's Leadership Change Begins!

Why the Sudden Surge in Interest?

Trump is impatient with Powell for being slow to ease, wanting to wield a big stick and preemptively set his successor—there are still 11 months left in his term, and he's as anxious as an ant on a hot pan.

When will the move be made?

Insider news: The earliest could be this summer, with an official announcement in September-October.

Who is on the list?

• Kevin Warsh

• Hassett

• Treasury Secretary Mnuchin

• Former World Bank President Malpass

• Fed Governor Waller

What will the market do?

Once the new candidate is decided, interest rate expectations will immediately take center stage—will the market hit the brakes or step on the gas? Everyone is scratching their heads.

Trump's blatant intervention is backed by a 'shot in the arm' of political and economic ties, but stability will be compromised.

Want to see the follow-up to this 'palace coup' drama?

Follow Yang, gauge the direction, and don’t just be a spectator.