Donald Trump has made significant moves to reshape the Federal Reserve by appointing Stephen Miran, a loyalist economic adviser, to fill a temporary vacancy on the Fed Board. This appointment is raising concerns among financial experts, with JPMorgan stating that it could threaten the independence of the central bank. Miran has indicated plans for a major overhaul of the Fed, which may include giving officials more freedom to dissent. As Trump continues to extend his control over economic data by firing the head of labor statistics, analysts are speculating on the potential impacts of this appointment, signaling a strategic step towards a more MAGA-influenced central banking system.