Trump Red Romans says he will take an unpaid leave from WH

president Donald Trump The candidate to join the Federal Reserve Council insisted on legislators on Thursday that he will maintain the central bank independently and will take a “unpaid leave” from his current position in the White House if confirmed by this role.

Stephen Miran, Chairman of the Economic House of Economists at the White House, appeared in front of the Senate Banking Committee, where he announced that “the independence of the central bank is of the utmost importance for the economy, for financial markets, for long -term supervision of the country.”

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. Trump said that Miran – if confirmed – will work on the role until January 31.

When Senator Jack Reed asked the doctor, whether he would give up his job at the White House if he was confirmed to the Federal Reserve, Miran said: “I have received advice from the lawyer that what is required is an unpaid leave from the Economic Counselor.”

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Miran added: “Thus, given the term for which it was a little, more than four months, this is what I will take. As long as this is the advice of the lawyer, I will follow the law.”

Then Red argued that “Miran’s independence has already been dangerous to your statement.”

“You will be technically an employee of the President of the United States, but you are an independent member of the Federal Reserve? This is ridiculous,” said Reed.

At one time, Senator Bernie Moreno, Rao said, “We hope that we can get this federal reserves more powerful again with independent people who are actually thinking.”

Moreno made a note after asking a series of questions, including, “Have you ever lied to a mortgage request in order to get a lower interest rate?”

Miran said, “I never did that.”

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This investigation came on the same day that the Ministry of Justice confirmed to Fox News that it had I launched a criminal investigation At the governor of the Federal Reserve, Lisa Cook, due to allegations of fraud on the mortgage request.

A lawsuit from Cook against Trump argued that the president’s move to shoot it is illegal and undermine the independence of the Federal Reserve.

“I praise the president to nominate you,” Senator Bill Hajari, R-Ennn, also told Miran.

Haji said: “I was very clear that you want to get out of the political arena. You want to get the federal reserve out of the political scene in which you work, whether it is ethnic property or green projects or, or, as you know, the timing of interest rate adjustments to politics.”

Miran told the two lawmakers, “Nominate me because I have views of politics, and this, I assume he loves,” Miran told the lawmaker.

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“If you make sure of this role, I will act independently – as the federal reserve always does – based on my personal analysis of economic data, and my personal analysis of the effects of economic policies on the economy and behavior based on my appreciation for the best possible economic policy,” he continued.

“This has been said, I am always happy to hear views from every possible source,” Miran said. “It is important for me to hear a variety of views, to make sure I really think the things I think, to challenge my views and interrogate them and hear a variety of opinions on this topic always useful.”

Amanda Massias in Fox Business contributed to this report.