Trump's Newest Fed Appointee Wanted Half-Point Rate Cut Stephen Miran, who was appointed to the Federal Reserve on Monday, was the only policymaker to vote against a move by the Fed to cut the interest rate by a quarter point - because it wasn't a big enough reduction. Original Source: https://www.newsmax.com/finance/economy/stephen-miran-donald-trump-fed/2025/09/17/id/1226780