Nick Timiraos, a "Federal Reserve mouthpiece," reported that the U.S. Senate voted 48-47 to confirm Council of Economic Advisers Chair Michael Millan to the Federal Reserve Board of Governors. Republican Senator Lisa Murkowski dissented. Millan had p

2025-09-16

Nick Timiraos, a "Federal Reserve mouthpiece," reported that the U.S. Senate voted 48-47 to confirm Council of Economic Advisers Chair Michael Millan to the Federal Reserve Board of Governors. Republican Senator Lisa Murkowski dissented. Millan had previously been reluctant to resign from the White House, fearing that the Fed's independence would be compromised.

Other News
2025-09-16

International 1. HSBC: The US dollar may rise in the short term, but the gains will be unsustainable. 2. Goldman Sachs: Oil prices may fall further next year due to strong supply growth. 3. Goldman Sachs: The Federal Reserve is expected to cut intere

2025-09-16

Assistant Governor of the Reserve Bank of Australia Hunt: Close to controlling inflation to target level.