“Some former White House officials, legal experts, economists and Democratic lawmakers warned that confirming Mr. Miran under these circumstances could set a dangerous precedent undermining the Fed’s longstanding independence.”

Republicans Race to Advance Stephen Miran, Trump’s Fed Pick, Despite White House Ties

“That decision has prompted concern from Democrats, economists and former government officials, including some Republicans, who said it posed a severe conflict of interest and threatened to expose the central bank to political interference.”

Senate Confirms Stephen Miran as Fed Governor

““He will keep the seat warm and will trumpet the president’s message as a loyalist inside the building,” said Mark Spindel, chief investment officer at Potomac River Capital, who wrote a book looking at central bank independence.”

Stephen Miran, Trump’s Temporary Pick at the Fed, Could Have a Lasting Effect