Tag #Stephen Miran

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nbcnews.com

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Sep 4, 22:20

Trump Nominee Miran to Take Unpaid Leave, Not Resign, If Confirmed to Federal Reserve

President Trump's Federal Reserve nominee, Stephen Miran, will take an unpaid leave of absence from his White House position if confirmed, but will not resign, raising concerns about potential conflicts of interest and political influence.

Trump Nominee Miran to Take Unpaid Leave, Not Resign, If Confirmed to Federal Reserve

President Trump's Federal Reserve nominee, Stephen Miran, will take an unpaid leave of absence from his White House position if confirmed, but will not resign, raising concerns about potential conflicts of interest and political influence.

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How does Miran's situation relate to broader concerns about the Federal Reserve's independence from political influence?

Miran's case highlights President Trump's past attempts to exert influence over the Federal Reserve, including his criticism of Chairman Powell and efforts to remove Governor Cook. Miran's unwillingness to fully sever ties with the White House fuels concerns that political pressure could compromise the Fed's ability to make objective, economically sound decisions.

npr.org

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Sep 4, 22:20

Trump Nominee Miran Poised for Fed Confirmation Amidst Independence Concerns

Stephen Miran, President Trump's nominee for the Federal Reserve board, faced questioning from Senate Democrats regarding his independence from the president, but is expected to be confirmed with Republican support, raising concerns about Trump's influence on the central bank.

Trump Nominee Miran Poised for Fed Confirmation Amidst Independence Concerns

Stephen Miran, President Trump's nominee for the Federal Reserve board, faced questioning from Senate Democrats regarding his independence from the president, but is expected to be confirmed with Republican support, raising concerns about Trump's influence on the central bank.

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What is the central concern surrounding Stephen Miran's nomination to the Federal Reserve board?

The primary concern is President Trump's attempt to exert greater control over the Federal Reserve, potentially undermining its decades-long independence. Miran's confirmation, given his close ties to the administration, exacerbates these concerns, as evidenced by Senator Warren's statement on Trump's "all-out assault" on the Fed's autonomy.

elmundo.es

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Aug 13, 04:14

Trump's FOMC Nominee Signals Potential Shift to Protectionist Monetary Policy

President Trump's nomination of Stephen Miran to the Federal Open Market Committee (FOMC) signals a potential shift towards using the dollar as a tool for protectionist trade policies, mirroring China's pre-2015 approach and potentially destabilizing the global financial system.

Trump's FOMC Nominee Signals Potential Shift to Protectionist Monetary Policy

President Trump's nomination of Stephen Miran to the Federal Open Market Committee (FOMC) signals a potential shift towards using the dollar as a tool for protectionist trade policies, mirroring China's pre-2015 approach and potentially destabilizing the global financial system.

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What are the potential long-term consequences of using monetary policy to achieve protectionist trade goals, and what are the risks to the global financial system?

The implementation of Miran's plan could destabilize the global financial system. Forcing countries to buy US debt and devaluing the dollar may trigger retaliatory measures, escalating trade tensions and potentially leading to a global currency war. The long-term consequences could include decreased global trade, economic recession, and a breakdown of international cooperation.

cnn.com

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Aug 13, 16:18

Trump Nominee's Unconventional Views Challenge Federal Reserve

President Trump nominated Stephen Miran, a White House economist, to the Federal Reserve's Board of Governors for a short term ending January 31, 2025, pending Senate confirmation; Miran's unconventional views on tariffs and the Fed's independence differ sharply from those of mainstream economists a...

Trump Nominee's Unconventional Views Challenge Federal Reserve

President Trump nominated Stephen Miran, a White House economist, to the Federal Reserve's Board of Governors for a short term ending January 31, 2025, pending Senate confirmation; Miran's unconventional views on tariffs and the Fed's independence differ sharply from those of mainstream economists a...

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How might Miran's past advocacy against the Fed's independence, combined with his short-term appointment, affect the Fed's ability to maintain its autonomy and consistency in policy?

Miran's belief that tariffs won't cause inflation contradicts the warnings of Fed officials and mainstream economists. His past advocacy against Fed independence, although softened recently, highlights a potential conflict with the Fed's established structure. This clash of economic perspectives could significantly impact monetary policy decisions and the Fed's ability to reach consensus.

lemonde.fr

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Mar 20, 10:09

Miran Challenges Conventional Wisdom on US Trade Deficits

Stephen Miran, in a November 2024 article, argues that the persistent US trade deficits are primarily caused by global demand for US financial assets, not domestic overspending, a view challenging the traditional understanding.

Miran Challenges Conventional Wisdom on US Trade Deficits

Stephen Miran, in a November 2024 article, argues that the persistent US trade deficits are primarily caused by global demand for US financial assets, not domestic overspending, a view challenging the traditional understanding.

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What is Stephen Miran's argument regarding the cause of chronic US trade deficits, and how does it differ from the traditional view?

In Stephen Miran's November 2024 article, he argues that the US's chronic trade deficits are not primarily caused by excessive spending and budget deficits, but rather by global demand for US financial assets, especially Treasury bonds. This high demand necessitates large US budget deficits to meet foreign capital inflows, resulting in a strong dollar that undermines American export competitiveness.

npr.org

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Sep 4, 22:20

Warren Criticizes Miran Nomination, Highlights Trump's Attacks on Fed Independence

Senator Elizabeth Warren criticized Stephen Miran's nomination to the Federal Reserve, citing concerns about his views on Fed independence and President Trump's repeated attacks on the institution's autonomy, which she argues undermines economic stability and harms American workers.

Warren Criticizes Miran Nomination, Highlights Trump's Attacks on Fed Independence

Senator Elizabeth Warren criticized Stephen Miran's nomination to the Federal Reserve, citing concerns about his views on Fed independence and President Trump's repeated attacks on the institution's autonomy, which she argues undermines economic stability and harms American workers.

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What are the main concerns raised by Senator Warren regarding Stephen Miran's nomination to the Federal Reserve?

Warren's primary concern is Miran's apparent lack of commitment to the Federal Reserve's independence, viewing his stance as aligning with Trump's economic policies. She believes this jeopardizes the Fed's ability to make unbiased economic decisions, potentially harming the U.S. economy.

bbc.com

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Sep 4, 22:19

Trump's Fed Nominee to Maintain White House Role Amidst Concerns of Political Influence

President Trump's nominee for the Federal Reserve, Stephen Miran, intends to retain his White House position if confirmed, raising concerns among Democrats about potential political interference in the central bank.

Trump's Fed Nominee to Maintain White House Role Amidst Concerns of Political Influence

President Trump's nominee for the Federal Reserve, Stephen Miran, intends to retain his White House position if confirmed, raising concerns among Democrats about potential political interference in the central bank.

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What are the potential long-term consequences of confirming a Federal Reserve nominee who maintains a White House position?

Confirming Miran could undermine the Fed's credibility and independence, potentially leading to unstable monetary policy and negative economic consequences for American consumers, workers, and businesses. The central bank's ability to make impartial economic decisions could be compromised, impacting long-term economic stability.

edition.cnn.com

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Aug 13, 19:16

Trump Nominee Miran's Unconventional Views Challenge Federal Reserve

President Trump nominated Stephen Miran, a key supporter of his economic agenda, to the Federal Reserve's Board of Governors; Miran's term would last until January 31st if confirmed by the Senate; his unconventional views on tariffs and the Fed's independence contrast sharply with those of other Fed...

Trump Nominee Miran's Unconventional Views Challenge Federal Reserve

President Trump nominated Stephen Miran, a key supporter of his economic agenda, to the Federal Reserve's Board of Governors; Miran's term would last until January 31st if confirmed by the Senate; his unconventional views on tariffs and the Fed's independence contrast sharply with those of other Fed...

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What are the longer-term implications of Miran's appointment for the Federal Reserve's independence and its approach to economic policy?

Miran's temporary appointment creates uncertainty about the Fed's future direction. His unconventional stance on tariffs and the Fed's independence, while temporarily influencing policy, may not establish long-term changes. The Senate's confirmation process will be key in determining the extent of his influence.

nbcnews.com

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Aug 8, 01:17

Trump Nominates Miran to Federal Reserve

President Trump nominated Stephen Miran, Chairman of the Council of Economic Advisers, to the Federal Reserve Board until January 2026, replacing Adriana Kugler who resigned; the dollar index fell after the announcement.

Trump Nominates Miran to Federal Reserve

President Trump nominated Stephen Miran, Chairman of the Council of Economic Advisers, to the Federal Reserve Board until January 2026, replacing Adriana Kugler who resigned; the dollar index fell after the announcement.

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What are the immediate implications of President Trump's nomination of Stephen Miran to the Federal Reserve?

President Trump nominated Stephen Miran, Chairman of the Council of Economic Advisers, to fill a vacant Federal Reserve governor role until January 2026. This follows the resignation of Fed Gov. Adriana Kugler, a Biden appointee. The U.S. dollar index fell upon the announcement.

Showing 13 to 21 of 21 results