Reported 1 day ago
President Donald Trump has nominated economist Stephen Miran to fill a vacant seat on the Federal Reserve's Board of Governors, but his next decision regarding the new Fed chair will be far more significant. With current chair Jerome Powell's term ending in May, Trump is actively interviewing candidates, including current Fed governor Christopher Waller and former Fed governors Kevin Warsh and Kevin Hassett. The dynamics surrounding these nominations highlight Trump's desire for a Federal Reserve that aligns more closely with his economic policies.
Source: YAHOO