Geopolitics Alpha

Trump could target three Fed governors. Removing them may be harder than it looks

Published . Updated .

Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve, but court rulings and lengthy litigation could limit him.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • SHY iShares 1-3 Year Treasury Bond

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500

    Stocks move when the Fed changes the rate path

  • JPM JPMorgan Chase

    Bank profits move with lending and interest rates

  • BAC Bank of America

    Bank profits move with lending and interest rates

  • GS Goldman Sachs

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR

    A fund of financial companies

  • KRE SPDR S&P Regional Banking

    Regional banks are sensitive to interest rates

  • FAS DIREXION DAILY FINANCIAL BULL 3X ETF

    GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT———————
IEF———————
SHY———————
SPY———————
JPM———————
BAC———————
GS———————
XLF———————
KRE———————
FAS———————

Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve, but court rulings and lengthy litigation could limit him.

Source: CNBC Top

Price since this story was published: Direxion Daily Financial Bull 3X Etf (FAS)

Since the first closing price after “Trump could target three Fed governors. Removing them may be harder than it looks,” Direxion Daily Financial Bull 3X Etf (FAS) is +8.50%. The S&P 500 fund (SPY) is -0.40% over the same days, a +8.90% difference versus the market.

FAS
SPY

Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)

Companies carried with this story

  • FAS Direxion Daily Financial Bull 3X Etf

    For “Trump could target three Fed governors. Removing them may be harder than it looks,” Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • DOGG Ft Vest Djia Dogs 10 Target Income Etf

    For “Trump could target three Fed governors. Removing them may be harder than it looks,” Ft Vest Djia Dogs 10 Target Income Etf (DOGG) is linked, with no stored direction, medium confidence. Reason on file: GA selected DOGG as a RELATED security because its canonical security name directly matches this event's themes: target. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • XLF Select Sector Spdr Tr

    For “Trump could target three Fed governors. Removing them may be harder than it looks,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

  • KRE Spdr Series Trust

    In “Trump could target three Fed governors. Removing them may be harder than it looks,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

  • BTCZ T-Rex 2X Inverse Bitcoin Daily Target ETF

    In “Trump could target three Fed governors. Removing them may be harder than it looks,” T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected BTCZ as a RELATED security because its canonical security name directly matches this event's themes: target. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FGSI Ft Vest Growth Strength & Target Income Etf

    Ft Vest Growth Strength & Target Income Etf (FGSI) is linked, with no stored direction, medium confidence in the 1 Oct 2026 story “Trump could target three Fed governors. Removing them may be harder than it looks.” Reason on file: GA selected FGSI as a RELATED security because its canonical security name directly matches this event's themes: target. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ITDB Ishares Lifepath Target Date 2030 Etf

    In “Trump could target three Fed governors. Removing them may be harder than it looks,” Ishares Lifepath Target Date 2030 Etf (ITDB) is linked, with no stored direction, medium confidence. Reason on file: GA selected ITDB as a RELATED security because its canonical security name directly matches this event's themes: target. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ITDC Ishares Lifepath Target Date 2035 Etf Usd

    For “Trump could target three Fed governors. Removing them may be harder than it looks,” Ishares Lifepath Target Date 2035 Etf Usd (ITDC) is linked, with no stored direction, medium confidence. Reason on file: GA selected ITDC as a RELATED security because its canonical security name directly matches this event's themes: target. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Direxion Daily Financial Bull 3X Etf (FAS)

On 1 Oct 2026, “Trump could target three Fed governors. Removing them may be harder than it looks” is the story that connects Direxion Daily Financial Bull 3X Etf (FAS) to this story.

What ties Direxion Daily Financial Bull 3X Etf (FAS) to the headline is this: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Ft Vest Djia Dogs 10 Target Income Etf (DOGG), is listed for a different reason: GA selected DOGG as a RELATED security because its canonical security name directly matches this event's themes: target. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates in the story, and the Direxion Daily Financial Bull 3X Etf (FAS) price range

DOGG traded between 20.68 and 22.21 across 20 sessions. The latest close on file is 21.99. FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.

A simple score for Direxion Daily Financial Bull 3X Etf (FAS)

46 out of 100

“Trump could target three Fed governors. Removing them may be harder than it looks” scores 46 out of 100. The score uses 1 sources, and 13 linked companies.