The Latest Breaking News from Stephen Miran

The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering.

"Obviously nobody wants a recession. But also in the context of Fed independence, they really don't want to get blamed for going into a downturn because that would impair their ability."

Senate Banking advances Stephen Miran for a Federal Reserve post after he says he'll take unpaid leave from White House job.

Stephen Miran, President Donald Trump‘s pick for Federal Reserve governor, is likely to pass the Senate Banking Committee on Wednesday. This brings him closer to joining the central bank, even though there are worries about the Fed’s independence. The committee has 13 Republicans and 11 Democrats, and the Republicans are…

A federal judge said Fed Governor Lisa Cook can remain at the central bank while the court considers whether President Trump can fire her.

A federal judge has temporarily blocked US President Trump from firing Federal Reserve Governor Cook over allegations of mortgage fraud.

Gold has surged to unprecedented levels in early September 2025, breaching $3,500 per ounce and gaining 37% year-to-date, as investors respond to economic risks, central bank moves and a growing crisis of trust in U.S. institutions.

President Donald Trump‘s Federal Reserve nominee Stephen Miran defended his independence during a contentious Senate Banking Committee hearing on Thursday, as Democrats warned his appointment could undermine the central bank’s autonomy over monetary policy decisions.

Donald Trump's pick to join the Federal Reserve's board of governors pledged to uphold US central bank independence if confirmed -- but was coy about leaving his current White House role in the process, as the institution faces growing pressure from the president to slash interest rates.