Senator Warren Grills Miran, Questions His Independence
Bloomberg Television·2025-09-04 15:34

Federal Reserve Independence - The report highlights concerns about President Trump's assault on the independence of the Federal Reserve [1][2] - The report questions the nominee's ability to transition from a highly political role to a non-political role without political biases influencing policy [2] - The report suggests the nominee may not be independent enough to contradict President Trump [3][4][5][6][7][8][9][10] Economic Data and Inflation - The report raises concerns about the accuracy and unbiased nature of data from the Bureau of Labor Statistics (BLS), particularly regarding jobs numbers [5][6][7][8][9] - The report questions the nominee's claim that consumers have not seen a material macroeconomic increase from tariffs [10] - The report indicates that costs for basic necessities like groceries, utilities, housing, and school supplies are increasing [11] - The report suggests the nominee is conflating relative price increases with overall inflation [12][13]