US Edition
Who Is Miran, the President's Fed Nominee?
Stephen Miran supports tariffs and a weaker U.S. dollar to address trade imbalances while maintaining its global reserve status, aligning with President Trump's economic agenda.
- President Donald Trump nominated Stephen Miran to fill an open Federal Reserve Board seat in 2024, drawing attention to Miran's economic views.
- Miran's nomination follows his advocacy of weakening the U.S. dollar to address trade imbalances and foreign reserve holdings, which he outlines in a November 2024 essay.
- Miran advocates for tariffs and proposes a "Mar-a-Lago Accord" where major countries collaborate to establish a revised international monetary framework aimed at adjusting exchange rates, while maintaining the dollar's role as the primary reserve currency.
- He states his essay was not "policy advocacy," and experts warn that managing dollar decline could risk a de facto debt default and warrants Senate review.
- Miran would represent just one member on the Federal Open Market Committee, but his perspective indicates possible conflict between efforts to lower the dollar’s value and the interests of the United States.
Insights by Ground AI
Does this summary seem wrong?
15 Articles
15 Articles
The Times of Northwest Indiana+11 Reposted by 11 other sources
Who is Miran, the president's Fed nominee?
ANOTHER VIEW
·Cherokee County, United States
Read Full Article
The Quad-City Times+2 Reposted by 2 other sources
Who is Miran, the president’s Fed nominee?
President Donald Trump likes to stir things up, and he’s done it again with his choice of Stephen Miran to fill an open seat on the Federal Reserve Board of Governors. We can’t recall when a president nominated to the…
·Cherokee County, United States
Read Full ArticleCoverage Details
Total News Sources15
Leaning Left0Leaning Right0Center15Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
