Senate Confirms Stephen Miran to Fed Board Amid Court Ruling on Lisa Cook
US NewsFederal ReserveUpdated 4 hours ago

Senate Confirms Stephen Miran to Fed Board Amid Court Ruling on Lisa Cook

The Senate has confirmed Stephen Miran to the Federal Reserve board with a narrow 48-47 vote, enhancing former President Trump's influence. Simultaneously, a federal appeals court has blocked Trump's attempt to remove Lisa Cook from her position, allowing her to remain on the board. Trump plans to appeal the court's decision.

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Senate confirms Stephen Miran for seat on Federal Reserve board as Trump’s bid to oust Lisa Cook foiled by court - follow live
PositiveU.S News
The Senate has confirmed Stephen Miran for a seat on the Federal Reserve board with a narrow 48-47 vote. This comes as former President Trump's attempt to remove Lisa Cook was blocked by a court ruling, which he plans to appeal.
Editor’s Note: This confirmation is significant as it shapes the Federal Reserve's direction and monetary policy. Additionally, the court's decision to uphold Cook's position highlights ongoing political tensions and the influence of judicial rulings on government appointments.
Trump official confirmed to Fed board but court rejects Lisa Cook removal bid
PositiveU.S News
The Senate confirmed Stephen Miran to the Federal Reserve board, strengthening Trump's influence over the central bank. Meanwhile, a court ruled that Lisa Cook can remain in her position.
Editor’s Note: This confirmation is significant as it reflects the administration's efforts to shape monetary policy ahead of crucial interest rate decisions. The ruling on Lisa Cook also ensures continuity in the Fed's leadership.
Appeals court rejects Trump's attempt to fire Lisa Cook
NegativeU.S News
A federal appeals court has blocked President Donald Trump's attempt to remove Lisa Cook from the Federal Reserve's board. This decision comes just as the Senate confirmed Trump's nominee Stephen Miran to the board.
Editor’s Note: This ruling is significant as it maintains the current composition of the Federal Reserve's board, which plays a crucial role in setting monetary policy. Trump's efforts to influence the board's membership reflect ongoing tensions in economic governance.

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