Federal Reserve 'Trump-Proofed' Itself As Board Announces Reappointment Of Reserve Bank Presidents, First Vice Presidents - SPDR S&P 500 (ARCA:SPY)
Benzinga·2025-12-12 14:54
In a move widely interpreted as a strategic effort to insulate the central bank from political interference, the Federal Reserve Board on Thursday unanimously approved the reappointment of all 12 regional Reserve Bank presidents and first vice presidents.Trump-Proofing The Federal Reserve?While the reappointments follow a standard statutory schedule, the confirmation of these tenures months ahead of their expiration has drawn immediate attention from economic observers.The decision secures the leadership of ...