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US Senate Poised To Advance Trump Aide's Appointment At Fed

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Stephen Miran, who chairs the White House's Council of Economic Advisers, could be in place at the Federal Reserve by the start of its two-day interest rate meeting on Tuesday AFP The US Senate is due to vote late Monday on the confirmation of President Donald Trump's choice to join the Federal Reserve's board -- as the clock ticks down to a key policy meeting. If confirmed, Stephen Miran, who chairs the White House Council of Economic Advisers (CEA), would join the Fed as one of 12 voting members on a panel that sets interest rates steering the world's biggest economy. Policymakers on the rate-setting Federal Open Market Committee are due to begin their next two-day meeting on Tuesday morning.

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