Federal Reserve Board nominee Milani pledges to uphold the independence of the central bank

ChainCatcher news, according to Jinshi reports, the U.S. Senate Banking Committee will hold a hearing on Thursday morning local time for Stephen Moore, the Federal Reserve Board nominee nominated by Trump. In his hearing remarks, Moore stated that the independence of the central bank is a key factor for success and promised to faithfully fulfill his duties to maintain the independence of the Federal Reserve. He also questioned the Fed's regulatory activities, particularly regarding the composition of the central bank's balance sheet.