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Today — 13 September 2025Main stream

As the Fed Prepares to Lower Rates, 2 Seats on Its Board Are in Limbo

12 September 2025 at 23:58
The Senate looks poised to confirm President Trump’s pick to join the central bank in time for the policy meeting next week, while another governor’s fate remains up in the air.

© Kenny Holston/The New York Times

What President Trump ultimately wants is a majority of policymakers on the Federal Reserve’s board carrying out his vision for the institution.
Before yesterdayMain stream

Republicans Race to Advance Stephen Miran, Trump’s Fed Pick, Despite White House Ties

10 September 2025 at 22:48
Stephen Miran, a top economic adviser to the president, cleared a key Senate hurdle on Wednesday, putting him one step closer to a seat on the Federal Reserve.

© Doug Mills/The New York Times

Stephen Miran, the chair of the president’s Council of Economic Advisers, has said he plans to remain tied to the White House while he serves at the Federal Reserve.
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