Fed's Mandate & Independence - The speaker emphasizes a thorough and complete approach to understanding the Fed's mandate, referencing the Federal Reserve Act [2] - The speaker denies reinterpreting the Fed's mandate, stating a preference for thoroughness [2] - The speaker asserts independence in analysis and decision-making, based on data and economic interpretation [4] - The speaker confirms no commitment to specific actions following a congratulatory call from the president [5] - Concerns about the Fed's independence are addressed, with the speaker affirming independent analysis [4] Communication with the President - The president called to congratulate the speaker upon confirmation as Fed governor [3] - The speaker did not discuss voting intentions or economic projections with the president [3] - There have been no further conversations with the president since the initial congratulatory call [4] Meeting Dynamics - The speaker describes a welcoming, kind, cordial, and collegial environment at the meeting [6] - Governor Cook was included in the welcoming atmosphere [6]
Fed Governor Stephen Miran says he did not tell Trump how he would vote on rates this week
CNBC Televisionยท2025-09-19 15:45