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News in English (USA) / 08.08.2025 / 02:00

Trump Appoints Stephen Miran as Temporary Federal Reserve Governor

In a recent move to reshape the Federal Reserve, Trump has nominated White House economist Stephen Miran to fill a vacancy left by the resignation of Governor Kugler. Miran, who has previously advocated for increased political control over the central bank, is expected to serve in a temporary capacity as Trump continues to assert influence over economic policies. This nomination comes as the White House prepares for further appointments, including a new Bureau of Labor Statistics chief, following the firing of the previous head. Investors are reacting to the news amid ongoing speculation about the future direction of U.S. monetary policy and the potential impact on interest rates and market conditions.
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