Trump Appoints Economic Aide to Fed: A Strategic Move
U.S. President Donald Trump has appointed Stephen Miran to the Federal Reserve Board after Senate confirmation. Trump's appointing aims at ensuring Federal Reserve's independence while maintaining his critical stance towards Fed Chair Jerome Powell.
- Country:
- United States
President Donald Trump announced the appointment of economic aide Stephen Miran to the Federal Reserve Board on Tuesday, a move confirmed by the Senate.
The decision comes amid Trump's continued criticism of Federal Reserve Chair Jerome Powell, whom he believes should ensure the institution's independence.
The announcement was made before Trump's departure to Britain. The President emphasized the importance of a Free Federal Reserve, underscoring the significance of the appointment.
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