The US Senate committee has approved Donald Trump’s nominee, Stephen Miran, for the Federal Reserve board. Democrats are worried about Miran’s loyalty to Trump. They fear he might not resign from his White House post if confirmed. Miran’s short Fed term ends in January 2026. His decisions could be influenced by his desire to return to the White House. Post navigation Oracle shares soar 35% on AI demand; market valuation nears $915 billion; semiconductor stocks rally FPI rules: Sebi eases compliance for govt securities investors; move to boost sovereign debt inflows
