Trump Names Miran to Federal Reserve Board
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President Trump nominated Stephen Miran to fill a vacant Federal Reserve governor seat, effective immediately until January. Miran, currently Chair of the White House Council of Economic Advisers, is expected to advocate for aggressive interest rate cuts. His appointment requires Senate confirmation, following a previous 53-46 vote approving his CEA appointment. This interim appointment might be a precursor to a future replacement for Fed Chair Jay Powell.
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