TechFlow news — On November 5, according to Jinshi Data, the outcome of the U.S. presidential election could have significant implications for the Federal Reserve and its Chair Jerome Powell. Mark Spindel, Chief Investment Officer at Potomac River Capital, called this "a critical crossroads for the Fed." If Trump wins, it is expected that greater pressure will be placed on Fed policy.
Trump has repeatedly criticized Powell publicly and suggested he might fire him. Trump supporters have also proposed new mechanisms to exert control over the Federal Reserve. In contrast, Harris has pledged to “never interfere” with Fed decisions, indicating a more hands-off approach.
Analysts note that regardless of who wins, the incoming president will have the authority to appoint several key positions at the Fed, including the chairperson whose term ends in May 2026. These appointments could profoundly influence U.S. monetary policy and the direction of the economy.
