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Federal Reserve Dove Stephen Meany Resigns; Opposed All 6 FOMC Votes on May 15

GateNews

2026-05-15 00:25:41

According to BlockBeats, Federal Reserve Governor Stephen Meany formally submitted his resignation on May 15, pledging to step down before or when new chairman Kevin Warsh takes office. Meany, who assumed the position in August 2025, voted against rate decisions in all six Federal Open Market Committee (FOMC) meetings he attended, consistently advocating for rate cuts. The dovish official has pushed for more aggressive easing, opposing three 25-basis-point cuts approved in 2025 as insufficient and voting against rate-hold decisions three times this year in favor of 25-basis-point reductions.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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