US Senate Poised to Advance Trump Aide's Appointment at Fed
Stephen Miran's confirmation by a narrow Senate vote increases White House influence over the Federal Reserve amid ongoing legal disputes over Lisa Cook's removal.
- Stephen Miran, President Trump's economic adviser, was approved by the Senate to join the Federal Reserve board in a closely divided 48-47 vote along party lines.
- Miran's confirmation followed Governor Adriana Kugler's August resignation and Trump's failed attempt to fire Governor Lisa Cook, who won a court challenge to remain.
- Miran holds a Harvard PhD, served as a senior Treasury advisor during Trump's first term, and pledged at his September 4 hearing to act independently based on economic data.
- The Federal Reserve is anticipated to reduce its key interest rate by a quarter of a percentage point to a target range of 4.0% to 4.25% following its two-day policy meeting beginning Tuesday.
- Miran’s appointment and Trump’s pressure to cut rates raise concerns from Democrats and critics about threats to the Fed’s traditional independence.
66 Articles
66 Articles
Senate Confirms Miran, Trump’s Pick For Fed Board
By George Caldwell, The Daily Signal | September 15, 2025 The Senate confirmed Stephen Miran, President Donald Trump’s choice to fill a vacancy as governor on the Federal Reserve Board, by an 48-47 vote Monday night, in a display of approval for his fiscal agenda. A Fed governor is one of six board members who play a major role in implementing monetary policy in the United States. Trump has repeatedly criticized the Federal Reserve for not cutti…
Trump's pressure campaign weighs on US Federal Reserve September meeting
A US court has ruled that Federal Reserve board governor Lisa Cook can stay in her job in spite of the president's attempts to fire her, meaning she should be able to attend the central bank's September meeting. Meanwhile, Trump appointee Stephen Miran has been confirmed by the Senate to fill a vacant seat on the board. Investors are predicting the Fed will cut interest rates by 0.25 basis points on Wednesday. Also in this edition, we report on …
The U.S. Senate approved the appointment on the board of the Federal Reserve of Stephen Miran, one of the main economic advisors of President Donald Trump. The appointment...
In the future, an almost unknown economist will influence global monetary policy in Trump's sense. Who is the man who has now been elected as the new Fed Governor?
'A lot of mess coming': Michael Steele warns of economic chaos if Trump takes over Fed
On Monday, the U.S. Senate confirmed President Donald Trump's latest pick for the Federal Reserve, Stephen Miran, on a party-line vote., allowing him to participate in Tuesday's meeting in which the Fed will likely vote on whether to cut interest rates. MSNBC host Michael Steele lamented that the president is now one step closer to forcing the nation's central bank to submit to his will.During an interview with former Department of Justice (DOJ)…
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