‘Will do an outstanding job’: Trump nominates Stephen Miran to Federal Reserve Board; Powell’s role under scrutiny
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Donald Trump nominated Stephen Miran to temporarily fill a Federal Reserve Board vacancy, raising concerns about political influence on the central bank. Miran, favored to lower interest rates, would replace Adriana Kugler until January 2026. The Senate Banking Committee will consider the nomination amid debates over the Fed's independence and future leadership, as Trump eyes potential replacements for Jerome Powell. What's Your Reaction?
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