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

GateNews
Forex
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.
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