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lostincalifornia

(4,804 posts)
Wed Sep 17, 2025, 01:12 PM Sep 17

Fed cuts rate a quarter of a point. One fed governor, Miran dissented in favor of a half-point cut. [View all]

For those unaware of who Stephen Miran is, he is the "temporary" replacement for Fed Governor Fed Governor Adriana Kugler. Miran was serving a chairman of the WH council of economic advisers for trump, and is taking an upaid leave of absence from the WH. This temporary replacement has been criticised as undermining the Fed's indepdence.

Miran has been a vocal critic of the fed, and is is one of the major architects of the sociopath's tariffs policy.

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