The Senate Banking Committee voted 13-11 on Wednesday, along party lines to approve the nomination of Trump administration economic adviser Stephen Miran to serve through January on the Federal Reserve Board of Governors.
That would tee up a vote Monday by the full Senate to potentially confirm Miran, according to Bloomberg, which cited a person familiar with the planning.
If he’s confirmed, that could put him in place ahead of Tuesday’s meeting of the Federal Open Market Committee, which sets interest rates.
This is a developing story.
