Senate Confirms Trump's Economic Adviser Miran to Fed Board
Financial MarketsFederal ReserveUpdated 4 hours ago

Senate Confirms Trump's Economic Adviser Miran to Fed Board

The Senate has confirmed Stephen Miran, an economic adviser to President Trump, to the Federal Reserve Board. This appointment comes just before a crucial interest rate vote, raising concerns about the Fed's independence. Miran will take an unpaid leave from the White House to serve in this role, which is expected to influence U.S. monetary policy significantly.

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Trump economic adviser Miran gets Senate nod to join Fed board
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Miran, an economic adviser to Trump, has received Senate approval to join the Federal Reserve Board. This appointment is expected to influence monetary policy and economic strategies.
Editor’s Note: Miran's confirmation is significant as it could shape the direction of the Federal Reserve's policies, impacting interest rates and economic growth. His close ties to Trump may also signal a shift in the Fed's approach to economic challenges.
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The Senate has approved Trump's nominee Miran for the Federal Reserve board, raising concerns about the Fed's independence ahead of a crucial interest rate vote.
Editor’s Note: This matters because the Federal Reserve plays a critical role in the economy, and any perceived influence from political figures could undermine its independence and effectiveness.
President Trump got a win when the Senate confirmed his senior economic adviser, Stephen Miran, to join the Fed’s board just hours before officials gather to consider cutting interest rates Tuesday
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President Trump secured a victory as the Senate confirmed his senior economic adviser, Stephen Miran, to the Federal Reserve's board. Miran will serve in both roles, taking unpaid leave from the White House.
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