Reported 1 day ago
President Trump has nominated Stephen Miran, head of the Council of Economic Advisers, to the Federal Reserve Board, signaling potential changes in monetary policy. Miran advocates for lower interest rates, a weaker dollar, and reduced independence for the Fed, which could lead to a more politically influenced central bank. As he temporarily fills the position until a longer-term nominee is selected, his views may affect future decisions on interest rates and the Fed's overall structure.
Source: YAHOO