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

Senate
International Business Times Fews App News Provider
Fews App Post Time 5h ago

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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