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US Fed nominee Miran says he will preserve independence of rate-setting panel

( September 3, 2025, 21:50 GMT | Official Statement) -- MLex Summary:  Stephen Miran, President Trump's top economic adviser who has been nominated to fill a US Federal Reserve governor seat, said he will preserve the independence of the central bank's interest rate-setting group but was vague on details. In a prepared text to be delivered tomorrow at his confirmation hearing before the Senate Banking Committee, the chairman of the White House Council of Economic Advisers says, "The Federal Open Market Committee is an independent group with a monumental task, and I intend to preserve that independence and serve the American people to the best of my ability."Document follows:...

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