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Trump Fed nominee Stephen Miran advanced by Senate Banking committee, tees up final vote
The Senate Banking Committee voted Wednesday to advance the nomination by President Donald Trump of Stephen Miran, a top White House economic advisor, to become Federal Reserve governor for at least the next several months. The 13-11 vote along party lines came a day after a federal judge in Washington, D.C., temporarily blocked Trump from firing another Fed governor, Lisa Cook, while her lawsuit challenging his removal of her plays out in court. And it came a week before the Fed board is set to meet to discuss possibly cutting interest rates, as Trump has demanded it do for months. “Just out: No Inflation!!! ... (full story)
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