Trump’s Latest Fed Appointment Fuels Fears for Central Bank Independence
Trump’s Latest Fed Appointment Fuels Fears for Central Bank Independence President Donald Trump’s recent appointment of Stephen Miran to the Federal Reserve Board is sparking significant concern among financial analysts, with JPMorgan warning it could pose an “existential threat” to the central bank’s independence. Miran, previously the chair of the White House’s Council of Economic Advisers, was named to fill the vacancy left by Adriana Kugler. His appointment comes under intense scrutiny due to a controversial 2024 paper he co-authored,…