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The Federal Reserve announces the reappointment of 11 regional Federal Reserve Presidents
Golden Finance reports that analyst Adam Button from the financial website Investinglive stated that the Federal Reserve announced the reappointment of 11 regional Fed presidents. Although this is mainly a formality, the Federal Reserve Board indeed has a say in the appointment of regional Fed presidents. In any case, all regional Fed presidents were unanimously approved for a five-year term. If Trump can control the Federal Reserve Board and these board members can further influence the appointment of regional Fed presidents, then controversies might arise, which would undoubtedly lead to truly dramatic scenes. In summary, this matter can be safely ignored for the next five years.