US EditionTrump's Fed governor nominee Miran advances toward Senate confirmation
Senate Banking Committee advanced Stephen Miran's nomination 13-11 despite Democratic opposition over concerns about his dual White House role and Fed independence.
- Stephen Miran, a White House advisor, is expected to be confirmed as a Federal Reserve governor, giving President Trump a like-minded voice on interest rate policy.
- Democrats oppose Miran's nomination, accusing Trump of trying to exert political control over the Fed.
- Trump wants lower interest rates and has criticized Fed Chair Jerome Powell for not cutting them faster.
98 Articles
98 Articles
Senate approves Trump’s controversial Fed Board pick
A Senate committee on Wednesday approved the nomination of White House economic adviser Stephen Miran to the Federal Reserve’s board of governors, setting up a likely approval by the full Senate, which would make Miran the third Trump appointee to the seven-member board. The White House has pushed for an expedited Senate approval of Miran, who was nominated by President Donald Trump to replace former Fed governor Adriana Kugler. Kugler stepped d…
The appointment of Donald Trump's economic advisor as Fed Governor has taken an important step in the U.S. Senate
Warner: I’ll Oppose Stephen Miran For Federal Reserve Board of Governors - Falls Church News
Wednesday, Sept. 8 -- Virginia's U.S. Sen. Mark R. Warner, a senior member of the Senate Banking Committee, released the following statement ahead of a scheduled committee vote on the nomination of Stephen Miran to the Federal Reserve Board of Governors: “The Federal Reserve was designed to make decisions free from political interference, guided by data and the long-term stability of
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