Post by : Bianca Suleiman
President Donald Trump has nominated Stephen Miran, Chairman of the White House Council of Economic Advisers, to fill the remainder of Fed Governor Adriana Kugler’s term on the Federal Reserve Board of Governors. This video explores Miran’s background, including his prior role as a senior advisor at the U.S. Treasury Department, where he shaped key pandemic-era economic policies.
Miran, a Harvard-educated economist, is known for advocating lower interest rates, proposing a “Mar-a-Lago Accord” to weaken the dollar for boosting U.S. exports, and seeking reforms to increase presidential oversight of the Fed. His nomination represents Trump’s effort to influence Fed monetary policy, especially amid disagreements with Fed Chair Jerome Powell.
We also cover the next steps in the nomination process, including the upcoming Senate confirmation hearing, and discuss what Miran’s appointment could mean for the future of U.S. monetary policy and the Federal Reserve’s independence.
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