Federal Reserve Board Archives

August 8, 2025
International
World

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

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 confirmed […]

July 18, 2025
International
World

Federal Reserve System controversy: Jerome Powell denies extravagant spending; refutes claims

Russ Vought (Image: X) and Jerome Powell (AP image) Federal Reserve Chair Jerome Powell sent a letter on Thursday to White House Budget Director Russ Vought, responding to allegations that he mismanaged the renovation of the Federal Reserve Board’s Eccles Building and the 1951 Constitution Avenue facility.The letter comes amid growing speculation that the Trump […]