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Donald trump appoints his economic:
US President Donald Trump announced Thursday that he wanted to appoint his economic advisor Stephen Miran as the Governor of the Federal Reserve (Fed) left vacant after a resignation, thus increasing his influence within the committee setting interest rates. Moreover, In a message on his social network Truth. For example, the head of state claims that Stephen Miran will occupy this headquarters of governor until the end of January 2026 and that a “Permanent replacement” will be looked for in the meantime.
“It is a great honor to announce that I chose Doctor Stephen Miran. Consequently, the current president of the Council of Economic Advisors (from the White House, Editor’s note), to occupy the headquarters which has just released to the Council of the Federal Reserve until January 31, 2026”a écrit Donald donald trump appoints his economic Trump. For example, “In the meantime, we will continue to look for a permanent replacement”he added.
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The appointment of Stephen Miran. who so far advised the president and defended his economic policy in the media, must still be confirmed by the Senate with a republican majority. Last week. Fed Adriana Kugler’s governor announced his resignation from August 8, without specifying the reasons and at the heart of a troubled period for the monetary institution, constantly criticized by Donald Trump who claims rate reductions.
Jerome Powell soon replaced – Donald trump appoints his economic
Adriana Kugler’s mandate would run until the end of January. She therefore advanced her departure for a few months. allowing Donald Trump to accelerate the change of governance at the top of the institution. Adriana Kugler was appointed in 2023 on the initiative of Democratic President Joe Biden. Another appointment to the Fed is eagerly awaited. that donald trump appoints his economic of the person who will replace the current president Jerome Powell, whose mandate ends in the spring.
Donald Trump explained at the start of the week that he had four candidates for this position. Jerome Powell, who had become president on the proposal of Donald Trump, is now the Bane of the American president. The latter seemed to seek a way to dismiss him and asked him to resign.
He also strongly suggested to other central bankers to overthrow him. Donald Trump’s constant interventions throw suspicion on the ability of those they call to remain waterproof at his pressures. when the American economy seems to vacillate under his protectionist offensive.
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