Reported about 5 hours ago
The Senate narrowly confirmed Stephen Miran as President Trump's nominee for the Federal Reserve Board in a tight 48-47 vote, just in time for a critical policy meeting where a rate cut is anticipated. This appointment raises concerns about the Fed's independence as Miran intends to hold onto his White House role while serving as governor. Democrats have questioned his ability to remain impartial, especially amidst the ongoing inflation debate. Meanwhile, the Senate continues to challenge the Trump administration's attempts to influence Fed governance and dismiss dissenting views.
Source: YAHOO