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Launch
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Trump and his allies still plan to replace Federal Reserve board members Cook and Powell after the Supreme Court blocked his firing of Cook.
Trump sees the Atlanta Fed presidency as a key opportunity to expand his influence.
Powell’s retention as a board member until 2028 and his receipt of the Kennedy Courage Award have sparked Trump’s displeasure.
He is seeking legal avenues, such as reports from the Inspector General, to find a legal basis for removing Powell.