Why Trump’s Federal Reserve pick is raising alarm over central bank’s independence

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US President Donald Trump’s nomination of his top economic adviser to the Federal Reserve Board could strengthen the White House’s influence over the central bank and deepen concerns over its independence, analysts said.
Stephen Miran, chairman of the Trump administration’s Council of Economic Advisers and an architect of its tariff policy, will be nominated to temporarily fill a vacant seat on the Federal Reserve’s board of governors, the US president announced Thursday on social…

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