Wells Fargo: Milan's entry into the Federal Reserve may have limited impact on the US dollar

According to a report by Golden Finance, Aroop Chatterjee, a strategist at Wells Fargo, said that Milan, the chairman of Trump's Council of Economic Advisers, may not be able to attend the Federal Open Market Committee meetings until December, which may limit his impact on the US dollar as he may only attend two meetings before the end of his term. Due to the Senate recess until September, it is currently unclear when he will be able to join the Federal Reserve, "Chatterjee said. Even if the Senate accelerates its actions, attending the FOMC meeting in December looks more practical than September or October. This means that Milan can only attend two meetings before the end of their term.