Trump publicly questioned the legitimacy of the appointments of Federal Reserve Governor Lisa Cook and other officials appointed by Biden during a rally in Pennsylvania, suggesting that if they were signed by an automatic signature machine, he might seek to have them revoked. Although such actions face multiple legal and procedural obstacles in practice, and there is a historical precedent of the White House using automatic signature machines, these remarks are still seen as his latest intention to influence Federal Reserve personnel and policies.

In his speech, Trump called for fellow officials to investigate this matter and reiterated plans to adjust the Federal Reserve leadership after the current Chairman Powell's term ends, while also considering potential candidates including former National Economic Council Director Kevin Hassett. Recently, Trump has repeatedly expressed dissatisfaction with interest rate policies and attempted to challenge Cook's qualifications through removal procedures, with related legal disputes expected to be heard by the Supreme Court early next year.

The Federal Reserve has not commented on this.