Senate Moves Forward with Trump’s Fed Nominee Stephen Miran
Stephen Miran, a top economic adviser to President Trump, has advanced in the Senate confirmation process to join the Federal Reserve, despite concerns about his ongoing ties to the White House and potential impacts on the Fed's independence. His unique arrangement involves taking an unpaid leave of absence from his White House role, raising questions about legal and ethical implications, as critics worry it could undermine the central bank's independence amid political pressures.
