WHO CONTROLS THE FED?

#FederalReserve #Trump #InterestRates #DTInc

AS RATES MAY RISE

Trump orders a Lisa Cook inquiry; she denies wrongdoing. Waller sees more hikes if data match his outlook. Inquiry ≠ removal. Outlook ≠ rate decision.

The inquiry concerns allegations, not proven findings. Waller’s October 8 comments describe his conditional outlook, not a new FOMC rate decision. The president does not directly set the Fed’s policy rate.

Sources: Associated Press, October 9, 2026; Christopher Waller’s Federal Reserve speech, October 8, 2026; White House inquiry memorandum, October 7, 2026.

Music: “On the Ground” by Kevin MacLeod (incompetech.com), licensed under CC BY 4.0. Edited for length, volume and fades.

Visuals: official archival White House and Federal Reserve photographs, cropped and resized. They do not depict the October 2026 events. Federal Reserve building photograph by Britt Leckman. No endorsement by the artist, White House or Federal Reserve is implied.