Former Fed Governor Frederic Mishkin: Fed's confronted with a classic stagflation phenomenon

*SENATE CONFIRMS MIRAN TO FED IN TIME FOR INTEREST RATE MEETING The Senate confirmed CEA Chair Stephen Miran to a seat on the Fed’s board. The vote was 48-47. Republican Sen. Lisa Murkowski voted no. Miran's unwillingness to resign his White House job raised her concern about compromising Fed independence: “It’s all about appearances.”

U.S. Appeals Court Denies Trump Attempt to Remove Federal Reserve's Lisa Cook An Appeals Court Refused The Justice Department's Request To Pause A Judge's Decision That Temporarily Stops Trump From Removing Cook Court Decision Allows Cook To Attend September 16-17 Meeting The DC Circuit has upheld the lower court in Cook v Trump in a 2-1 decision. The government's request for a stay of the lower court ruling is denied. pic.twitter.com/R3fK3PPMtl