Archive · 16 Sep 2025
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.
The Senate confirmed Stephen Miran to the Federal Reserve board.
The vote was largely along party lines, 48-47.
Miran is completing an unexpired term ending in January.
Democrats voiced concerns about Miran’s independence from the administration.
His confirmation gives the White House greater influence over the central bank.
- Who
- Stephen Miran, U.S. Senate
- What
- Confirmation of Stephen Miran to the Federal Reserve Board
- When
- Confirmed by the Senate
- Where
- U.S. Senate
- Why
- To fill a vacancy on the Federal Reserve Board.
Concerns Over Independence
Support for the Appointment
Miran's Role
Concerns Over Independence
Democrats argued Miran would not be independent and would act as a 'mouthpiece' for the President.
Support for the Appointment
Not explicitly stated in the article.
- Nominee
- Stephen Miran
- Confirmation Vote
- 48-47
- Position
- Federal Reserve Board of Governors
- Previous Role
- Economic Advisor to President Trump
- Term Length
- Unexpired term ending January
Sources
Trump’s man, Stephen Miran, heads to the Fed
How Trump’s provocative economist crashed the Federal Reserve
Trumps push to overhaul Fed casts long shadow over policy meeting
US Senate confirms Trump pick Stephen Miran for Federal Reserve board
'Trump's mouthpiece at the Fed': White House adviser Miran gets Senate nod for US central bank job