Walsh appoints Samantha Schwab, senior aide to Bessent, as advisor to the Federal Reserve

Odaily Odaily Planet Daily News: Federal Reserve Chairman Walsh is expanding his advisory team, with the latest appointment bringing U.S. Treasury Secretary Bessent's senior aide Samantha Schwab into the Federal Reserve as an advisor. Samantha Schwab served as Bessent's Deputy Chief of Staff at the Treasury Department since January 2025 and previously worked at the White House during Trump's first presidential term. Samantha Schwab comes from a financial family and is the granddaughter of Charles Schwab, the founder of Charles Schwab. The specific start date for this transfer has not yet been determined. This appointment has sparked discussions about a closer relationship between the Federal Reserve and the Treasury Department, especially against the backdrop of Walsh and Bessent holding weekly meetings, with the market paying close attention to whether the central bank's independence will be affected.