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Fed, Trump and a governor

Trump set to fill Fed board vacancy by week's end, has narrowed chair search to four

U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's Board of Governors by the end of the week, and had separately narrowed the possible replacements for Fed Chair Jerome Powell to a short list of four.

Axios on MSN · 2d

Why Fed governor Adriana Kugler's vacancy matters for Trump

Federal Reserve governor Adriana Kugler's resignation creates high odds that the nation will soon learn who the next leader of the central bank will be. Why it matters: There is a high likelihood that President Trump's nominee to the vacant post will join the Fed well before the chairmanship of its current leader,

Bloomberg on MSN · 1h

Trump Advisors Push For A Temporary Fed Governor To Fill Open Seat

But the addition of a dovish governor to the Federal Open Market Committee, which sets policy, is unlikely to yield an immediate shift. The FOMC is composed of the seven members of the Board of Governors, based in Washington, and five of the Fed’s regional reserve bank presidents. A majority vote is required to adjust rates.

17m

Trump is meeting about his next Fed pick. It may be a temporary assignment

President Donald Trump is planning to meet with advisers today about an unexpected open seat on the Federal Reserve Board, according to a person familiar with the matter.

2hon MSN

Trump advisers make the case for a temp to fill open Fed seat - report

Donald Trump's advisers are urging him to fill a soon-to-be vacant seat on the Federal Reserve Board with a temporary ...

1hon MSN

Federal Reserve Vacancy Opens Door for Trump to Shape the Central Bank's Future

Federal Reserve Governor Adriana Kugler announced her resignation last week, giving President Trump the opportunity to appoint a new member to the central bank's board.

2don MSN

Trump says he'll name people to 2 jobs closely watched by Wall Street

The president fired the Bureau of Labor Statistics commissioner on Friday after poor job numbers. A Federal Reserve governor ...

4don MSN

Kugler to step down from Fed board on Aug. 8, allowing Trump to fill her seat early

Federal Reserve Governor Adriana Kugler said Friday she will resign from the Federal Reserve Board of Governors effective Aug ...

When Reality And Politics Bite At The Same Time

Fed Board dynamics are critical, as Trump's appointees could soon control key monetary levers. Click here for more ...

Banking Dive2d

Dive Deposits: The Fed may have out-Fridayed itself

Fed Gov. Adriana Kugler’s resignation may have overshadowed two dissents on the interest rate. But a single opening at the ...

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