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Miran

All articles tagged with #miran

Miran exits White House post to stay on Fed board as Warsh eyed for chair
business25 days ago

Miran exits White House post to stay on Fed board as Warsh eyed for chair

Federal Reserve governor Stephen Miran has resigned as chair of the White House Council of Economic Advisers to honor a pledge if he stayed on the Fed past January, and will remain on the Fed board until a successor is confirmed. Trump has nominated former Fed governor Kevin Warsh to be the next Fed chair, a move that would replace Miran on the board, with acting chair Pierre Yared considered for permanence. The piece also notes ongoing DOJ investigations into Powell and Lisa Cook and Democratic opposition to Warsh’s nomination.

politics26 days ago

Miran Leaves White House Post to Keep Fed Seat

Federal Reserve board member Stephen Miran has resigned as chair of the White House Council of Economic Advisers to continue serving at the Fed. His CEA tenure ended in January, but he can remain on the board indefinitely until a replacement is named. Miran, a leading advocate for the Trump administration’s trade agenda, was on unpaid leave from the CEA while at the Fed; Democrats on the Senate Banking Committee had urged him to resign from the Fed now that his term expired.

Miran exits CEA chair as Fed tenure winds down
business26 days ago

Miran exits CEA chair as Fed tenure winds down

Federal Reserve Governor Stephen Miran has resigned as chair of the Council of Economic Advisers, a White House post he briefly held after joining the CEA in January 2025 and taking leave in September 2025 to join the Fed Board; his Fed term expired on January 31. At the Fed he pushed for aggressive rate cuts and voted against holds, advocating larger reductions than the 0.25% moves the Fed delivered. In a CNBC interview, he noted his vacancy could clear the way for Kevin Warsh’s nomination as Fed chair. Elizabeth Warren criticized the timing, and Barron’s was the first to report the departure while CNBC sought comment.

Fed Officials Diverge on Rate Cuts Amid Trade and Tensions Concerns
economy4 months ago

Fed Officials Diverge on Rate Cuts Amid Trade and Tensions Concerns

Federal Reserve Governors Stephen Miran and Christopher Waller have differing views on the pace of interest rate cuts, with Miran advocating for a half-point reduction and Waller supporting a quarter-point cut, amid economic uncertainties and geopolitical tensions. The Fed's upcoming meeting on October 28-29 is expected to decide on rate reductions, with market expectations leaning towards a quarter-point cut.

Fed Official Calls for Steeper Rate Cuts Amid No Inflation from Tariffs
business5 months ago

Fed Official Calls for Steeper Rate Cuts Amid No Inflation from Tariffs

Stephen Miran, a Trump appointee to the Federal Reserve, advocates for significantly lower interest rates around 2.5%, diverging from his colleagues, citing factors like reduced immigration and tariff revenues. His stance highlights ongoing debates within the Fed about the appropriate rate and inflation targets amid political pressures and economic uncertainties. Miran emphasizes independence in decision-making, despite concerns over political influence and the Fed's traditional autonomy.

Federal Reserve Faces Political Tensions Amid Key Meeting
business5 months ago

Federal Reserve Faces Political Tensions Amid Key Meeting

The Federal Reserve's upcoming meeting is under political scrutiny as new governor Stephen Miran, aligned with Trump, and legal battles involving Lisa Cook, who is defending her position against Trump's efforts to remove her, cast uncertainty over the decision to lower interest rates, with potential implications for the Fed's independence and policy direction.

Judge Temporarily Blocks Trump’s Attempt to Remove Fed Governor Lisa Cook
politics5 months ago

Judge Temporarily Blocks Trump’s Attempt to Remove Fed Governor Lisa Cook

The article covers various political and economic developments involving President Trump, including the temporary appointment of Stephen Miran to the Federal Reserve amid concerns over his independence, the legal battle to keep Lisa Cook on the Fed, and ongoing controversies related to Trump's alleged ties to Jeffrey Epstein, alongside other political updates.

politics5 months ago

Senate Moves Forward with Trump’s Fed Nominee Stephen Miran

The Senate Banking Committee advanced Stephen Miran's Fed nomination along party lines, House Speaker Johnson supports an offshore wind project near Virginia Beach amid Trump administration opposition, Schumer pushes for transparency on Epstein files, Democratic leaders strategize on upcoming funding deadlines, and a court rules in favor of copyright official Shira Perlmutter remaining in her post.