The Federal Reserve Board is facing a period of significant change as potential shifts in board composition due to vacancies and nominations could impact its policy-making. President Trump’s nomination of Stephen Moore, following Governor Adriana Kugler’s resignation, raises concerns about increasing the influence of his appointees on Fed decisions. Governor Lisa Cook also faces potential legal challenges, adding further uncertainty to the board’s makeup. 2025’s upcoming FOMC meeting may see these changes impact macroeconomic conditions but the crypto market’s performance remains relatively unaffected as it reacts primarily to policy decisions from the Federal Open Market Committee (FOMC). Experts suggest that shifts in board composition, particularly during administrations with a large impact on monetary policy like the Trump era, have often caused uncertainty without long-term volatility in the markets. While the immediate crypto market response appears muted, this potential shift in board dynamics could hold longer-term implications for economic forecasts and investment strategies.