Trump's Fed Takeover: A Senate Showdown

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

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Is Trump taking over the Federal Reserve? An upcoming Senate hearing on Stephen Miran's nomination to the Fed's governing board is raising alarms about political interference. It comes amidst Trump's controversial firing of Fed Governor Lisa Cook and Miran's past support for presidential control over the Fed. With Republicans pushing for a quick confirmation, the stakes are high: Will the Fed maintain its independence, or will political pressure lead to higher inflation? Hosted on Acast. See acast.com/privacy for more information.