COINOTAG News on September 16 reported that President Trump said he has signed a document appointing Janet Yellen to the Federal Reserve Board, which he indicated will be handed over to the Federal Reserve, citing Xinhua. The statement describes an administrative step announced by the White House rather than a completed regulatory appointment.
Under U.S. statutory procedure, an effective Fed Board appointment normally requires formal nomination and subsequent Senate confirmation; observers will watch for the transmission of paperwork and any accompanying nomination filings. Market participants and policy analysts regard changes to the Federal Reserve governance as material for monetary policy expectations, but any formal change depends on established congressional and institutional processes.