US EditionTrump pick Stephen Miran confirmed to Federal Reserve Board; will also keep White House job
- On September 15, the Senate approved Stephen Miran, an economic adviser to President Trump, to serve on the Federal Reserve's governing board, filling the vacancy left by Adriana Kugler's resignation in August.
- Miran's confirmation follows concerns about preserving the Fed's independence amid his plan to keep his White House economic adviser role on unpaid leave.
- Miran pledged during his September confirmation hearing to act independently based on personal economic analysis despite criticism claiming he would be Trump's mouthpiece.
- The Senate voted narrowly 48-47 largely along party lines, with supporters praising Miran's leadership and critics warning of political influence over the Fed.
- Miran's appointment gives Trump a majority on the seven-member Fed board as officials prepare to meet September 16 and are widely expected to cut interest rates.
240 Articles
240 Articles
Stephen Miran sworn in and will participate in an important meeting of the institution on interest rates
US President Donald Trump's advisor, Stephen Miran, has officially become a member of the Board of Governors of the US Federal Reserve, just in time to participate in the institution's key meeting on interest rates.
protrumpnews.com
Trump Adviser Confirmed By Senate As Federal Reserve Governor
Stephen Miran, chairman of the White House Council of Economic Advisers, has been confirmed for a seat on the Federal Reserve Board. The vote was 48-47. Breitbart reported: The Senate on Monday confirmed Stephen Miran, chairman of the White House Council of Economic Advisers, to a seat on the Federal Reserve Board, giving President Donald Trump an influential voice inside the central bank at a critical moment for monetary policy. The 48–47 vote …
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