Ingvar Rueckemann
-- “We’ll have a majority, very shortly so that’ll be great” -- Donald Trump's words just yesterday regarding the Federal Reserve. He wants the Fed, that should be clear to anyone by now. ❗ And he might well get it, within months! ❗ How? I'll break it down for you 👇 • The Fed's Board of Governors is composed of 7 members • 2 current members were appointed by Donald Trump during his first term • 1 new member (Stephen Miran, also a Trump pick), will likely be confirmed soon • if he succeeds in getting rid of just one more Governor, he can appoint another loyalist, tilting the balance on the Board in his favor with 4 out of 7 That gives Trump-aligned Fed Governors a wide range of possibilities. Not (yet!) full power over interest rates, but over: • Budgeting • Staffing • And CRUCIALLY: Approval of regional Fed presidents. ❗That's a key point in the whole scheme: In addition to the 7 people on the Board of Governors, there are 12 regional Fed presidents. Some of them are always needed for decisions on interest rates. 👉 Here is the kicker: ALL 12 regional Fed presidents are up for re-appointment in February 2026!! Ultimately the 7 people on the Board of Governors determine who gets re-appointed - by majority vote! 💥Boom, there you go. That's why Trump is trying to fire Cook. He wants his people to control the Board of Governors, and by extension control that loyalists get appointed regionally as well. Whoever doesn't align with his vision simply doesn’t get re-appointed. Like I said yesterday, this is a major topic and markets are only starting to grasp the possibility that the Fed might be losing its independence in a very short time. I'll leave it at that for now, more to come! Ingvar $SPX500 $NSDQ100
1 reply
3 replies
3 replies
1 reply
2 replies
1 reply
2 replies
1 reply
null
.