Trump’s Fed Pick Stephen Miran Commits to Central Bank Independence

‘Independence of monetary policy is a critical element for its success,’ Stephen Miran told the Senate Banking Committee.
Trump’s Fed Pick Stephen Miran Commits to Central Bank Independence
Stephen Miran, nominee for the Federal Reserve Board of Governors, testifies before the Committee on Banking, Housing, and Urban Affairs on Capitol Hill in Washington on Sept. 4, 2025. Madalina Kilroy/The Epoch Times
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Stephen Miran, President Donald Trump’s nominee to temporarily serve on the Federal Reserve Board of Governors, committed to preserving the central bank’s independence in testy exchanges with senators.

Trump announced his nomination of Miran, the current head of the White House’s Council of Economic Advisers, early last month to temporarily fill the seat vacated by Adriana Kugler.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."