Trump’s pick for Fed seat Stephen Miran scheduled for Senate Banking hearing on September 4

Stephen Miran, nominated by Trump for a Federal Reserve Board seat, is scheduled for a Senate Banking Committee hearing on September 4. His appointment aims for approval before the Fed’s key meeting, with some Democratic senators questioning Trump’s influence on Fed policies.

Miran, chair of the Council of Economic Advisers, is known for advocating pro-crypto policies. If confirmed, he is anticipated to support lower interest rates consistent with Trump’s economic agenda during his tenure in the Federal Reserve.

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