The US will lose some grounds in the global economic space if it becomes obvious that these important agencies are now under the control of the presidency.
I think it is already lost. China has taken over the world.
TheirFor example the Chinese manufacturing exports are already higher than US + Germany + Japan.
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This would also explain why they are getting more desperate to cut the rates. Recession is killing production and they wish that by cutting rates they can help it improve...
This desperation is palpable in all of other Trump's actions as well. For example the recent meeting with Putin in Alaska. 2 psychos met and Trump basically sold Ukraine and Europe out just so he can focus elsewhere (specifically Asia, working from West toward East).