The Fed Is Losing Its Biggest Dove

The Fed Is Losing Its Biggest Dove Via RealInvestmentAdvice.com, Jerome Powell’s term as Fed Chairman expires today, with Kevin Warsh now confirmed by the Senate as his successor. The transition has implications beyond a change in the Fed’s leadership. Further, Stephen Miran, who was appointed Fed Governor in September 2025 to fill the vacancy left by Adriana Kugler, is seeing his term come to an end. Most noteworthy during his term, he dissented at all six FOMC meetings he at...