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Hard
multiple choice
Miran gets immediate voting power on interest rates. What happens to the economy if Trump leans on him to cut rates before an election?
Explanation
Fed independence isn''t some abstract principle - it''s what prevents economic chaos. When Turkey''s president fired his central bank governor in 2021 for not cutting rates fast enough, the Turkish li...
Related Questions
How can citizens challenge this breach of Fed independence?
Mediummultiple choiceTRUE or FALSE: Miran was sworn in just hours before the Fed's September 2025 interest rate decision, giving him immediate voting power.
Mediumtrue falseTRUE or FALSE: Stephen Miran is the first White House official to simultaneously serve on the Federal Reserve board in 90 years.
Mediumtrue false
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