Senate Panel Prepares to Hold Hearing on Trump’s Fed Pick

The Senate Banking Committee is set to hold a hearing next week on the nomination of Stephen Miran, a White House economic adviser, to serve as a Federal Reserve governor. This move comes as President Donald Trump continues his efforts to reshape the central bank. The hearing will provide an opportunity for lawmakers to scrutinize Miran's qualifications and views on monetary policy, as the Federal Reserve plays a crucial role in shaping the nation's economic policies. The nomination is part of Trump's broader push to install officials at the Fed who align with his economic agenda. The hearing will be closely watched as it could shed light on the administration's approach to the central bank and its influence on the nation's economic direction. The outcome of the hearing and subsequent confirmation process will have significant implications for the future of the Federal Reserve and its decision-making.