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Senate Committee to Hear Miran Amid Fed Controversy

8/29/2025

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Story summary
  • The U.S. Senate Banking Committee will hear Stephen Miran's nomination to the Federal Reserve on September 4.
  • Democrats request a postponement, expressing concerns about President Trump's recent firing of Fed Governor Lisa Cook.
  • Miran, a Trump adviser, supports lower interest rates and greater presidential influence over the Federal Reserve.