Federal Reserve enters new era linked to former Walmart CEO

A report published by Axios on 10 August 2026, titled 'Federal Reserve enters new era linked to former Walmart CEO', highlights the involvement of Doug McMillon in developments concerning the United States central bank. The full scope of the report and the specific details regarding how McMillon is connected to this new chapter for the Federal Reserve have not been disclosed in the available information. Doug McMillon previously served as the chief executive of Walmart, while the Federal Reserve remains the institution responsible for US monetary policy. Current information does not provide further clarification on specific decisions, viewpoints, or the roles of other individuals and entities involved in this matter.