Trump Makes Fed Governor Appointment

Cheddar News

President Donald Trump nominated Dr. Stephen Miran, chair of the Council of Economic Advisers, to fill the vacancy created by Fed Governor Adriana Kugler.

Transcript

00:00President Donald Trump nominated Dr. Stephen Mirren, chair of the Council of Economic Advisers,

00:05to fill the vacancy created by the early resignation of Fed Governor Adriana Kugler.

00:10Mirren will serve in the role until January 31st of next year,

00:14while the White House continues its search for a permanent appointee.

00:17His nomination is seen as a strategic move to inject a loyal voice into the Fed,

00:22amid continued friction with Chair Jerome Powell over interest rate policy.

00:26Senate confirmation for the role is required, but Mirren's short seat-warmer tenure may limit his immediate influence on monetary policy.

Category

Transcript

Be the first to comment

Recommended