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U.S. Senate Confirms Stephen Miran for Federal Reserve's Board of Directors

Stephen Miran's narrow Senate confirmation adds a Trump-aligned voice to the Federal Reserve Board, influencing upcoming interest rate decisions amid debates on monetary policy independence.

Summary by KYMA
Miran was confirmed 48-47 for a term that runs until January, filling a vacancy created last month when Biden appointee Adriana Kugler stepped down before the end of her term.
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An advisor to President Donald Trump officially became one of the governors of the United States Central Bank (Fed) this Tuesday, just in time to participate in a key meeting on interest rates. Stephen Miran was sworn in, announced the Federal Reserve in a statement, a few hours after the Senate confirmed his appointment. The two-day monetary policy meeting of the Fed began just after, according to a spokesman.

·Washington, United States
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President Donald Trump achieved a quick political victory this Monday with the confirmation in the Senate of Stephen Miran, his chief economic adviser, as a new member of the Federal Reserve Board (Fed).The vote ended very even, 48 to 47, and took place just hours before the central bank began a fundamental two-day meeting in which a possible cut in interest rates will be discussed.Read more]]>

Stephen Miran, who took the position as director of the Fed yesterday, was the only dissident and voted for the most aggressive court in the jury, of 0.5 p.p.

·Brazil
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voz.us broke the news in on Tuesday, September 16, 2025.
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