How Presidents Impact the Stock Market

Because the president is responsible for implementing and enforcing laws, they have some control over business and market regulation.

This control can be direct or through the president's ability to appoint cabinet secretaries,

Such as the head of the Department of Commerce, as well as trade representatives.

The Fed is an independent government body with a mission to set monetary policy that ensures economic growth, low inflation, and low unemployment.

Those monetary policy measures can impact the stock market,

Although the Fed typically does not consider the performance of the stock market as an isolated factor to influence its decisions.

The extent to which the person picked as Fed Chair is hawkish or dovish on monetary policy will determine how they affect the economy.