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Trump nominates Stephen Miran to fill US Fed board vacancy

Trump to nominate Stephen Miran to serve on Fed's board until January

The position, which comes with a spot on the interest rate-setting Federal Open Market Committee, comes after Fed Gov. Adriana Kugler resigned early.

Yahoo Finance · 3h

Stephen Miran tapped to join Fed board: What investors need to know

President Trump has selected White House Council of Economic Advisers Chair Stephen Miran to replace Adriana Kugler on the Federal Reserve Board of Governors. Yahoo Finance Senior Fed Reporter Jennifer Schonberger reports on what happens next in the nomination process and how Miran could impact the central bank.

The Washington Post on MSN · 17h

Trump will nominate White House economic adviser to vacant Fed board seat

Stephen Miran, the short-term pick to fill the seat, may give Trump a foothold at the Federal Reserve as the president pushes for lower interest rates.

Fed, Trump

The New York Times · 4h

‘A Loyalist Inside the Building’: Trump’s Temporary Fed Pick Could Have a Lasting Effect

Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the discussions around interest rates and who will become the institution’s next leader.

Reuters · 1h

Trump's Fed pick wanted to upend its protection from politics

Whether that flies with U.S. Senators who have to confirm Miran's selection and who are already on edge about Trump's attacks on the Fed, remains an open question, as does the ver

Bloomberg on MSN · 12h

Trump’s Surprise Fed Pick Buys Him Time on Chair Selection

President Donald Trump’s move to fill a slot at the Federal Reserve on a temporary basis offers him a chance to install an ally at the central bank, while giving him more time to weigh an even larger decision: who will be the next Fed Chair.

2hon MSN

Biggest immediate change for Fed under new chair likely to be tone shift

The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.

1hon MSN

Here's What Happens to the Economy if Trump Fires Jerome Powell and Installs a Loyalist at the Fed

President Donald Trump wants to lower interest rates to approximately zero, a change that could goose the economy in the short term but in the long term would lead to roaring inflation. Federal ...

2hon MSN

Dollar heads for weekly loss on dovish Fed expectations

The dollar firmed on Friday but was heading for a weekly fall as weakening economic data leads traders to price in the ...

1don MSN

Markets are near-certain of a September rate cut as more Fed presidents turn dovish overnight

Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...

8don MSN

Federal Reserve holds its benchmark rate steady at today's FOMC meeting

The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.

3don MSN

Markets now betting Fed will cut rates in September after disappointing jobs report

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...

13h

Why the recent jobs report will add pressure on Fed to cut rates in September

Investors and analysts also see the surprisingly weak jobs report as an indication the odds of an interest rate cut at the ...

The Bulletin2dOpinion

Commentary: The Fed was right to say no on interest rates

There is logic behind the Federal Reserve's decision not to lower interest rates. The case may become stronger for lower ...

2don MSN

Vast majority of the FOMC is 'extremely loyal' to Fed Chair Powell: Evercore ISI's Krishna Guha

Krishna Guha, Evercore ISI vice chairman, joins 'Squawk Box' to discuss the race to be the next Fed Chair, who President Trump could pick to replace Fed Chair Powell, and more.

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