Miran Faces Senators in Contentious Hearing That Spotlights Fed Independence
Also, the Trump administration's regulatory agenda is released
Stephen Miran didn’t convince any Democrats on the Senate Banking Committee to support his nomination to the Fed’s board of governors. But more importantly, he didn’t cause any Republicans to waver. They’re all he needs to win what is expected to be an extremely quick confirmation.
Not that the CEA chief didn’t give the lawmakers opportunities for pause,…