Archive · 16 Sep 2025

Senate Confirms Miran to Federal Reserve Board

Senate Confirms Miran to Federal Reserve Board

The Senate approved Stephen Miran, an economic advisor to Donald Trump, to be part of the Federal Reserve, which makes decisions about interest rates.

This means Trump now has more influence over the group.

Democrats worry Miran might not be independent because he used to work for Trump, calling him Trump's 'mouthpiece.'

Miran says he'll make his own decisions, even though he previously criticized connections between the White House and the Fed.

His confirmation comes at a time when economic conditions are uncertain.

Sources