US Senate approves Trump's pick for Federal Reserve board as politics weigh on rate meeting

France 24Tuesday, September 16, 2025 at 6:51:03 AM
NeutralU.S News
US Senate approves Trump's pick for Federal Reserve board as politics weigh on rate meeting
The US Senate confirmed Stephen Miran to the Federal Reserve board, while a court ruled that Lisa Cook can stay in her position. These events occur just before an important Fed meeting, raising concerns about political influence on monetary policy.
Editor’s Note: This matters because the Federal Reserve plays a crucial role in the economy, and political pressures can affect its decisions on interest rates. With Trump advocating for rate cuts, the Senate's actions could impact economic stability.
— Curated by the World Pulse Now AI Editorial System

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