Miran tapped by Trump for Fed governor post. But it’s just temporary — here’s why. - MarketWatch

1. Trump appoints Stephen Miran as interim Federal Reserve governor until January 31. 2. Miran is a proponent of tariffs and opposes current Fed monetary policy. 3. Trump pressures Fed Chair Powell to lower interest rates amidst economic concerns. 4. S&P 500 ended lower on announcement; market reactions vary significantly. 5. Miran's appointment may influence expectations around monetary policy and market dynamics.