Investing.com -- Federal Reserve Bank of St. Louis President, Alberto Musalem, announced on Thursday that the central bank is actively reviewing directives from the Trump administration and adopting them where feasible.

Musalem, speaking in New York, stated that both the reserve banks and the Board are receiving and reviewing these orders in real time. The St. Louis President clarified that historically, the Federal Reserve has aimed to align with executive orders across various administrations.

The central bank is currently in the process of aligning with the Trump administration's directives, as long as they are appropriate and consistent with applicable law. However, Musalem refrained from providing further details, stating they are still in the review process.

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