https://www.washingtonpost.com/business/2025/08/07/trump-federal-reserve-nominee-miran/. Miran is an advocate of #dollar #devaluation - i.e., of the lower #interest #rates needed to secure a cheaper $ - but we know what happened in the 1930s, when countries engaged in #protectionism & competitive #currency #devaluations, @ChrisMayLA6. What began as #trade #war ended up as killing war.
Trump will nominate White House economic adviser to vacant Fed board seat

Stephen Miran, the short-term pick to fill the seat, may give Trump a foothold at the Federal Reserve as the president pushes for lower interest rates.

The Washington Post