#CryptoClarityAct PIMCO's Economic Analysis of Trump's Impact on Federal Reserve Leadership😱✅

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According to BlockBeats, PIMCO's Tiffany Wilding highlighted that while U.S. President Donald Trump may continue to criticize the Federal Reserve and call for short-term interest rate cuts, it is unlikely that the current president Jerome Powell will be replaced. Instead, Trump is expected to influence Federal Reserve decisions through upcoming appointments, including the expiration of council member Quigley's term in January and Powell's presidency term ending in May. It is important to note that Powell's term as a council member extends until January 2028. Wilding emphasized that regardless of who Trump appoints as the new chair, the new leader must present a compelling monetary policy agenda, secure Senate approval, and gain the majority support from the Federal Open Market Committee.