Trump’s Fed Nominee Plays the Sycophant
Statele Unite
Watching Stephen Miran testify Thursday before the Senate Banking Committee on his nomination to be a governor of the Federal Reserve, I found myself wondering whether this Harvard PhD economist was using the word fulsome to telegraph to Donald Trump that, if confirmed, he’ll remain the president’s reliable yes-man. This came in answer to the rare question that didn’t touch on the senators’ main concern during the hearing—the Fed’s independence from Trump. Rather, the topic was Basel III , an
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