Stephen I. Miran Sworn In as Federal Reserve Board Governor
According to the Federal Reserve, Stephen Miran officially assumed his role as Governor ahead of the Federal Open Market Committee’s upcoming meeting.
TRUMP
Fact Check
The statement is directly confirmed by a press release from the Federal Reserve Board itself (Source 6), which is a primary source for this information. The release explicitly states, 'Stephen I. Miran sworn in as a member of...' and details the event. This is corroborated by a logical sequence of events documented in other credible sources, including his nomination (Sources 1, 2), committee approval (Source 4), and final Senate confirmation (Sources 3, 8, 12).
Summary
The Federal Reserve announced that Stephen Miran has been sworn in as a Governor on the Board of Governors. The swearing-in occurred ahead of the next Federal Open Market Committee meeting, marking the official start of his service in the position. This announcement reaffirms his role following his nomination by President Donald Trump and Senate confirmation in September 2025.
Terms & Concepts
- Federal Reserve Board of Governors: The main governing body of the U.S. Federal Reserve System, responsible for guiding monetary policy and overseeing federal banking regulations.
- Federal Open Market Committee (FOMC): The branch of the Federal Reserve responsible for setting U.S. monetary policy, particularly interest rates and open market operations.