US Fed meeting begins: Trump aide Stephen Miran sworn in as governor, Jerome Powell under pressure as rate cut expected – The Times of India

US Fed meeting begins: Trump aide Stephen Miran sworn in as governor, Jerome Powell under pressure as rate cut expected – The Times of India

The US Federal Reserve opened a key interest rate meeting on Tuesday, just hours after Donald Trump’s close aide Stephen Miran was sworn in as a governor of the central bank, while another top official, Lisa Cook, is fighting the president’s attempt to oust her.Miran, who has been a senior adviser to Trump, took the…

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Federal Reserve board nomination: Senate panel clears Trump pick Stephen Miran; Democrats flag loyalty test risk – The Times of India

Federal Reserve board nomination: Senate panel clears Trump pick Stephen Miran; Democrats flag loyalty test risk – The Times of India

A US Senate committee on Wednesday advanced the nomination of President Donald Trump’s choice for the Federal Reserve board, Stephen Miran, despite concerns that he may not resign from the White House even if confirmed.Miran, who chairs the White House Council of Economic Advisers (CEA), cleared the Senate Banking Committee by a narrow 13-11 vote,…

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Federal Reserve shake-up: Donald Trump fires Governor Lisa Cook; accuses her of ‘potentially criminal conduct’ – Times of India

Federal Reserve shake-up: Donald Trump fires Governor Lisa Cook; accuses her of ‘potentially criminal conduct’ – Times of India

File photo: US President Donald Trump and Lisa Cook (Picture credit: AP) US President Donald Trump has removed Federal Reserve Governor Lisa Cook from her position in a move that could set off a major legal fight over the independence of America’s central bank.Trump announced Cook’s dismissal on Monday evening through a letter posted on…

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