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Stephen Miran to Pledge Upholding Fed Independence at Nomination Hearing
Stephen Miran to Pledge Upholding Fed Independence at Nomination Hearing
22
2
BTCCSquare news:
Stephen Miran's confirmation hearing for a Federal Reserve Board governorship will spotlight central bank independence amid political tensions. The nominee's prepared testimony emphasizes macroeconomic stewardship over political influence, framing monetary policy autonomy as essential for long-term economic stability.
Political undercurrents intensify the proceedings, following President Trump's controversial dismissal of Fed governor Lisa Cook. Miran's commitment to transparent, data-driven decision-making positions him as a stabilizing force, though lawmakers are expected to probe his views on recent executive branch interventions.
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