How much influence President-elect Donald Trump will have on the Federal Reserve Board — and how quickly he can obtain it — will likely depend on the caliber and ideology of the two people he selects to fill the current vacancies on the seven-member panel.

As it currently stands, the other five members of the board have terms that stretch until 2020 at the earliest, preventing Trump from having his own nominees in the majority until well after the end of his first term.

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