Political Battle Brews Over Fed Nominee
Update: 2025-09-10
Description
White House adviser Stephen Miran's nomination to the Federal Reserve advances amid controversy over political influence. The Senate committee vote split along party lines, raising concerns about the Fed's independence as Miran could participate in the upcoming meeting where interest rate cuts are expected. This follows a court blocking Trump's attempt to remove another Fed member, highlighting the intense political battles over economic policy.
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