Post #1187 by mungofitch on the Macroeconomic Trends and Risks board

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FT headline: Donald Trump to nominate Stephen Miran to Federal Reserve board

My precis of the article:

"...
Miran, chair of the White House’s Council of Economic Advisers and a crucial Trump ally, is one of the architects of the president’s tariff policy.
...
Before joining the Trump administration, Miran had advocated for reform of the US central bank, including [blah blah blah]... He also wanted to make it easier to fire Fed officials and halt a “revolving door” between the central bank and the White House."
...

So, make those doors spin more by spinning in an anti-spinner?

Jim

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make those doors spin more by spinning in an anti-spinner?

No, they remove the authority of the Fed to set interest rates. Then the fun begins.

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