Irony is pretty much dead as Trump's chief economist was finalized as a Fed Governor just minutes before the FOMC meeting begins. Trump said 'the Fed needs to be independent' as his official -- who hasn't even resigned from his job as chair of the Council of Economic Advisers -- got the final Presidential signature.
The only question now is whether Miran supports at 25 bps cut or immediately walks into the room and dissents for 50 bps.
