Trump nominates Milan to serve as a director of the Federal Reserve, pledging to uphold the central bank's independence and dual mandate.
Zhixin Finance APP learned that Stephen Moore, nominated by President Donald Trump as a candidate for the Federal Reserve Board, explicitly stated in his opening remarks submitted in advance to the Senate Banking Committee that he would fully uphold the independence of the Federal Reserve and its dual mandate of "price stability and maximum employment." He emphasized: "In my view, the core responsibility of the central bank is to prevent economic downturns and runaway inflation, and the independence of monetary policy is a key element of its success."
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