Reported about 4 hours ago
The U.S. Senate has narrowly confirmed Stephen Miran to the Federal Reserve's Board of Governors, enhancing President Trump's influence on monetary policy as he prepares for a crucial policy meeting. The 48-47 vote, largely along party lines, followed a swift confirmation process after the resignation of a previous governor. Miran is expected to advocate for larger interest rate cuts than currently anticipated, while critics label him a 'puppet' of the Trump administration.
Source: YAHOO