News: The White House will nominate Council of Economic Advisers Chair Stephen Miran to serve a short-term stint on the Federal Reserve. The term will expire in January.
In other news. President Donald Trump signed two long-anticipated executive orders targeting the financial services sector this afternoon, capping months of handwringing among banks and other financial firms.
The two executive orders — one targeting “debanking,” and another expanding legal investment options for 401(k) providers — mark the start of two significant regulatory pushes that could have wide-reaching ramifications for consumers by the end of Trump’s second term.
