September 3, 2025 - 23:00
When the Senate Banking Committee holds a Thursday confirmation hearing for Stephen Miran to be a governor on the Federal Reserve Board, the central bank’s independence is expected to take center stage. Miran, a seasoned financial expert, is anticipated to emphasize the importance of maintaining the autonomy of the Federal Reserve amidst ongoing political pressures.
As discussions surrounding monetary policy intensify, the role of the Fed in steering the economy becomes increasingly crucial. Miran’s commitment to uphold the institution's independence is likely to resonate with both lawmakers and the public, particularly in a time of economic uncertainty.
Senators will scrutinize his views on inflation, interest rates, and the overall health of the economy, with a keen focus on how he plans to navigate the challenges ahead. The outcome of this hearing could significantly influence the direction of U.S. monetary policy and the Fed's ability to operate free from external influences.
October 21, 2025 - 03:27
US Senate Moves to Repeal Sanctions on Syria Amid Diplomatic EngagementsLess than two weeks ago, the US Senate approved a measure to repeal the 2019 Caesar Syria Civilian Protection Act sanctions on Syria as part of its 2026 defense budget. This significant legislative...
October 20, 2025 - 07:33
PennyMac Financial Services Set to Release Earnings Tomorrow: Key InsightsMortgage banking company PennyMac Financial Services is poised to announce its earnings this Tuesday after the market closes. Investors and analysts are closely watching this report, as it will...
October 19, 2025 - 22:04
High-Income Couple Feels Financial Strain Despite WealthA high-earning couple earning $150,000 annually just sparked a firestorm on Reddit after admitting they feel “broke” despite being debt-free and having $185,000 stashed in retirement accounts....
October 19, 2025 - 05:18
The Growing Divide: What the Upper Class Will Still Afford by 2030As the gap between the upper class and the rest of us keeps widening, certain things may no longer be within reach for most families by the end of the decade. Economic disparities are becoming...