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Fed’s Miran Says He’ll Likely Stay Until Replacement Confirmed

Bloomberg
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Fed’s Miran Says He’ll Likely Stay Until Replacement Confirmed

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Governor of the US Federal Reserve Stephen MiranFederal Reserve Governor Stephen Miran said he’ll likely remain at the central bank after his term expires at the end of January, until a new appointee is confirmed to fill his seat.Such a move would be permitted under the law that governs the Fed. Miran’s plans to remain on the Board of Governors come as President Donald Trump weighs whom to pick to replace Fed Chair Jerome Powell, whose term leading the institution ends in May.

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