On August 2, #白宫加密报告发布 , Fed Governor Quigley unexpectedly announced his resignation on Friday, providing President Trump with an earlier-than-expected opportunity to fill the Fed vacancy, and possibly forcing him to finalize the next chair candidate months in advance.
Economist Derek Tang from monetary policy analysis firm LH Meyer stated, "The ball is now in Trump's court; Trump has been pressuring the Fed, claiming he wants to install his own people. Now the opportunity has come." Although Powell's term as chairman ends in May next year, his term as a governor lasts until 2028. If Powell does not voluntarily resign from his position as governor, Trump will have no opportunity to fill the vacancy before 2028.
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On August 2, #白宫加密报告发布 , Fed Governor Quigley unexpectedly announced his resignation on Friday, providing President Trump with an earlier-than-expected opportunity to fill the Fed vacancy, and possibly forcing him to finalize the next chair candidate months in advance.
Economist Derek Tang from monetary policy analysis firm LH Meyer stated, "The ball is now in Trump's court; Trump has been pressuring the Fed, claiming he wants to install his own people. Now the opportunity has come." Although Powell's term as chairman ends in May next year, his term as a governor lasts until 2028. If Powell does not voluntarily resign from his position as governor, Trump will have no opportunity to fill the vacancy before 2028.