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News  ›  Benzinga

Federal Reserve 'Trump-Proofed' Itself As Board Announces Reappointment Of Reserve Bank Presidents, First Vice Presidents

Benzinga Logo Benzinga By Rishabh Mishra
Federal Reserve 'Trump-Proofed' Itself As Board Announces Reappointment Of Reserve Bank Presidents, First Vice Presidents

The Federal Reserve Board unanimously reappointed all 12 regional Reserve Bank presidents and first vice presidents months ahead of their term expiration, a move seen as insulating the central bank from potential political interference.

Insights
EPpC   positive

Strong Q3 earnings (16% EPS growth), $9.3B project backlog, potential $10B additional projects, consistent dividend growth for 8 years, and expected earnings acceleration from 2027-2029


SPY   neutral

ETF mentioned in market performance context with minimal direct impact from Federal Reserve announcement