Why President Trump will fumigate the Fed

Published November 16, 2016 5:01am ET



Starting in January, President-elect Trump will have a unique opportunity to pack the Federal Reserve with hard money officials.

There are currently two open board of governors seats, while both Chair Janet Yellen and Vice-Chair Stanley Fischer’s terms will be up by 2018. Crunch the numbers and you’ll see Trump has the opportunity to replace a majority of the board of governors and a third of the Federal Open Market Committee with monetary policy hawks during his presidency.

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