The President has the opportunity to appoint three new members to the Board of Governors of the Federal Reserve soon. President Trump could remake the Fed in his own image. Will President Trump heed this key factor? The biggest Open Secret in Washington might be how wrong the immensely prestigious Federal Reserve System chronically gets it. Booth, writing from experience deep within the Federal Reserve System, shouts out that the Emperor has no clothes.

Source: Forbes March 26, 2017 13:01 UTC