This is significant in that the Fed underpins every financial system in the world. It IS audited, so this instead is likely a prelude for attempting to end the Fed's independence.<p>Audits: <a href="https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm#:~:text=Fed%20Financial%20Statements&text=The%20Reserve%20Banks'%20and%20LLCs,matters%20relating%20to%20the%20audit." rel="nofollow">https://www.federalreserve.gov/aboutthefed/audited-annual-fi...</a>
Interesting. Let's how the market will react. Yesterday I read this comment by @kasey_junk:<p>>He’ll get to the Fed. But it won’t be overnight. The administration will start messaging it and choreographing the change long enough before so it won’t spook Wall Street. [0]<p>It feels sooner than expected tbqh.<p>[0] - <a href="https://news.ycombinator.com/item?id=43101200">https://news.ycombinator.com/item?id=43101200</a>