‘Will do an outstanding job’: Trump nominates Stephen Miran to Federal Reserve Board; Powell’s role under scrutiny

[ad_1] US president Donald Trump announced on Thursday that he will nominate top economic adviser Stephen Miran to temporarily fill a vacancy on the Federal Reserve’s Board of Governors.Miran, who currently chairs the White House’s Council of Economic Advisers, is set to replace outgoing governor Adriana Kugler, a Biden appointee stepping down on Friday. If […]

Who developed US President Donald Trump’s ‘Liberation Day’ tariff formula? Mystery continues

[ad_1] US President Donald Trump has announced steep tariffs on its trade partners depending upon the imbalances, rattling the global markets. The brain behind this tariff formula, however, remains a mystery.“Trump used everyone as a sounding board until the very last minute,” a White House official told the New York Post. They added that the […]