Levy Sees Trump Nominee Miran Pushing for Radical Changes in Governance of Fed
Here's a Podcast I did with Kathleen Hays on her Podcast Central Bank Central. We dig into some issues that will emerge when the Senate Banking Committee holds confirmation hearings on Stephen Miran, President Trump's nominee to be a Federal Reserve Governor. While financial markets are focusing on whether Miran's favoring lower rates may tilt the Fed toward monetary easing, far more important is Miran's dramatic proposals to reform the Federal Reserve's governance that could materially change its monetary policy deliberations as well as bank supervision and regulation.
