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Senate Panel Prepares to Hold Hearing on Trump’s Fed Pick

  • The Senate Banking Committee plans to hold a hearing on Stephen Miran, President Donald Trump’s nominee for the Federal Reserve Board of Governors, as early as next week, according to Bloomberg News.
  • Miran was formally nominated on Aug. 7 to fill the seat vacated by Governor Adriana Kugler, whose term ends in January 2026, and is central to Trump’s economic agenda.
  • Democrats have expressed concerns over Miran’s past criticisms of Fed independence as the White House lobbies for quick confirmation before the Fed’s September policy meeting.
  • Senator Elizabeth Warren, D-Mass., vowed to question Miran on whether he would prioritize neutrality or loyalty to Trump.
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Miran has only been nominated to cover the term of office of Federal Reserve Governor Adriana Kugler, who ends in January.

·Bogotá, Colombia
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Bloomberg broke the news in United States on Tuesday, August 26, 2025.
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