Trump's Fed pick says he will keep White House job
Published: 9/4/2025

Trump's Fed pick, Stephen Miran, plans to keep his White House job if confirmed, raising concerns about the president's control over the central bank. Miran assured lawmakers of his independence but avoided confirming Trump's 2020 election loss or addressing accusations of faked job data. Critics, including Senator Elizabeth Warren, fear Miran would be a puppet for Trump, potentially compromising Federal Reserve independence. Miran emphasized the importance of the Fed's autonomy and denied being pressured on interest rates.