‘Will do an outstanding job’: Trump nominates Stephen Miran to Federal Reserve Board; Powell’s role under scrutiny
Friday, 8 August 2025 () Donald Trump nominated Stephen Miran to temporarily fill a Federal Reserve Board vacancy, raising concerns about political influence on the central bank. Miran, favored to lower interest rates, would replace Adriana Kugler until January 2026. The Senate Banking Committee will consider the nomination amid debates over the Fed's independence and future leadership, as Trump eyes potential replacements for Jerome Powell.
Trump has officially ruled out Scott Bessent for the next Fed chair, telling CNBC that Bessent “wants to stay where he is.” The decision follows the surprise resignation of Fed Governor Adriana Kugler, giving Trump another opportunity to reshape the Federal Reserve with loyalists. Remaining...
In a fiery Oval Office moment, President Donald Trump announced he is “considering” federalizing the D.C. police force amid what he called an “out-of-control” crime wave in the nation’s..
Obama-era officials face a federal grand jury over their role in the false Trump-Russia narrative. The House Oversight Committee drops subpoenas, Bill Maher rails against woke universities, and Trump..
A political firestorm erupted after former Trump strategist Steve Bannon publicly slammed Donald Trump for allegedly prioritizing Israel over American interests. Bannon’s fury followed the release of..
Friday, 8 August 2025 ()
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