Back to Trump Fed nominee Stephen Miran promises independence while keeping White House advisor job
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Stephen Miran keeps his White House advisor job while serving on the Federal Reserve Board, creating an unprecedented conflict. How does this dual role let Trump control monetary policy?
Explanation
Fed governors traditionally resign all other positions to maintain independence. Miran's White House role creates a direct pipeline for presidential pressure on interest rates and banking decisions, p...
Sources
- Fed nominee Miran tells Senate panel he's 'not at all' Trump's puppet
- Stephen Miran says he'll take unpaid leave from White House job while serving as Fed governor
- Trump’s pick for Federal Reserve plans to keep his White House job while on Fed
- Fed nominee Miran tells senators he’ll be independent of Trump - Roll Call
Related Questions
What private sector roles did Stephen Miran hold before entering government service?
Easymultiple choiceWhat is the expiration date of the unexpired Federal Reserve Board term that Stephen Miran was nominated to fill?
Easymultiple choiceWhich government role did Stephen Miran hold at the U.S. Department of the Treasury during President Donald Trump’s first term (2017–2021)?
Easymultiple choice
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