Trump's pick for US Fed governor vows to uphold independence
Donald Trump's pick to join the Federal Reserve's board of governors pledges to uphold US central bank independence if confirmed, as the institution faces growing political pressure from the president to slash interest rates. "The Federal Open Market Committee is an independent group with a monumental task, and I intend to preserve that independence," Stephen Miran, who chairs the Council of Economic Advisors, tells senators at his confirmation hearing. SOUNDBITE
Leave a Reply