Senate Banking Committee Chairman Tim Scott (R-SC) on Monday told Breitbart News that confirming White House Council of Economic Advisers (CEA) Chairman Stephen Miran to the Federal Reserve Board will help guide the country to “stronger domestic production” and lower trade imbalances.
The Senate voted 48-47 on party lines to confirm Miran to the board of the nation’s central bank. Miran’s confirmation represents a change to the ideological orthodoxy that has largely controlled the nation’s central bank.
Scott said that confirming Miran would help realign the Fed away from politics.
“One of the fastest ways, in my opinion, to take politics out…
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