Reported 2 days ago
President Trump's nominee for the Federal Reserve, Stephen Miran, aims to politicize the central bank by allowing presidential control over its Board of Governors, arguing that the current independence leads to ineffectiveness. Miran criticizes the Fed's lack of accountability and proposes that authority over monetary policy should shift to regional Federal Reserve banks. His agenda faces skepticism from the Senate and raises concerns over the potential undermining of the Fed's ability to control inflation.
Source: YAHOO