The position, which comes with a spot on the interest rate-setting Federal Open Market Committee, comes after Fed Gov.

Miran, who currently sits on the White House’s Council of Economic Advisers, would fill the seat through January.

New tariffs imposed by President Donald Trump have officially taken effect, with the president declaring just minutes before the deadline that billions of dollars are now "flowing" into the U.S.

President Donald Trump said Thursday he will nominate a top economic adviser to the Federal Reserve’s board of governors for four months, temporarily filling a vacancy while continuing his search for ...