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A Fed governor plans to resign, giving Trump an opportunity to shape central bank.
The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down.
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nytimes.com
What to Watch at the Federal Reserve’s July Meeting
The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs.
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scmp.com
Trump urges Fed Reserve board to wrest control of central bank from chair Powell
Fed chair Jerome Powell has been subjected to vicious verbal attacks by Trump for months for not cutting short-term interest rates.
