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Apparently the 2 dissenters were Trump appointees: https://www.reuters.com/business/fed-holds-rates-steady-despite-trumps-pressure-with-two-governors-dissenting
by dumama 1y ago
Apparently the 2 dissenters were Trump appointees: https://www.reuters.com/business/fed-holds-rates-steady-despite-trumps-pressure-with-two-governors-dissenting-2025-07-30/ https://www.reuters.com/business/fed-holds-rates-steady-desp...
This is the first dissent in 30 years, since 1993.
- impish9208 1y ago*First dissent by more than one governor. Both of them also indicated that they’d vote in favor of cutting rates so it’s not unexpected. Especially for Gov. Waller since he’s vying to be nominated to the chair after Powell.