The Family Office at Synovus Chief Investment Officer Mike Sluder discusses the Fed, influences of the Trump administration and areas of risk and opportunity for investment portfolios. President Trump has made it clear that he wants lower interest rates and believes that the current Fed has been unwilling to move quickly enough. Trump currently has three appointed members of the 12-member voting committee and will be able to appoint a new chair in 2026, along with an additional member in 2027. It is likely that the new composition of the Fed will be more willing to lower rates, even at the expense of higher inflation.

Are rising prices due to tariffs — or something more? Learn how to tell legitimate cost increases from potential corporate price gouging.

The One Big Beautiful Bill Act represents a shift in tax policy, solidifying many of the changes from the 2017 Tax Cuts and Jobs Act and introducing new elements. For high-income earners and high net-worth individuals, it underscores the critical need for proactive and sophisticated tax and estate planning.