Former economic advisor Stephen Moore discusses the termination of President Donald Trump to the Commissioner of the Labor Statistics Office and more on the “final result”.
president Donald Trump It was announced on Thursday that he chose the Speaker of Economic Advisors Stephen Miran to join the Federal Reserve Council, the committee in charge of helping to direct monetary policy in the country.
Trump said in fact that Miran would serve in the role until January 31 of next year.
“Meanwhile, we will continue to search for a permanent alternative,” Trump wrote, adding that Miran has a PhD. In the economy from Harvard University.
Miran, an inventor of warriors in both the Trump administrations, will rise to the role after the approval of the Senate.
Stephen Miran, Chairman of the Economic House of Economists, following a television interview outside the White House in Washington, DC, the United States, on Tuesday, June 17, 2025. (Getty Images)
the Federal Reserve The Board of Governors, known as the Federal Reserve, consists of seven members, or rulers, nominated by the president and confirmed by the Senate.
The prediction market prefers “Kevins” with Trump’s chair choices in the Federal Reserve
Last week, the ruler of the Federal Reserve, Adriana Kogler, announced that she would resign from her platform, which Trump called a “pleasant surprise” because the early director gives him the opportunity to install a new more compatible candidate with his economic agenda.
The new Trump governor was expected to eventually succeed Powell Powell in May, a step that comes amid the escalating tensions between Trump and P. In recent months.
A look at the battle that reveals between Trump and Powell on the federal reserve policy
President Donald Trump and Federal Reserve Chairman Jerome Powell. (Getty Images / Clearance / Getty Images)
Trump, who was appointed P. For this role in 2017, he repeatedly called for the Federal Reserve to reduce the rate of target federal funds, which he says can save the nation “hundreds of billions of dollars.”
Powell maintained the goal of the main borrowing rate of the Central Bank in the range of 4.25 % to 4.5 %, and adopting a cautious approach with the Federal Reserve’s continued weight on the economic impact of Trump’s definitions.
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After the Federal Open Market Committee meeting last month, President Jerome Powell announced that interest rates will work Leave the rate unchanged, On the occasion of the fifth corridor this year, the Federal Reserve carried them constantly.
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