Dick Bove: Trump poised to take control of the Federal Reserve

Published Fri, Jul 20 201811:58 AM EDTUpdated Fri, Jul 20 20186:26 PM EDT

President Trump sharply criticized the Federal Reserve this week, saying interest rate increases are hurting the economy.

Trump will have the opportunity to fashion the central bank in the image he would like as he has four vacancies to fill on the board of governors.

The result could be a more politicized Fed.

https://www.cnbc.com/2018/07/20/trump-poised-to-take-control-of-the-federal-reserve.html