Senate races to confirm Trump Fed pick before interest rate meeting

Published August 31, 2025 5:00am ET



President Donald Trump will likely get his wish that Federal Reserve nominee Stephen Miran be installed in time for the central bank’s meeting next month to decide whether to cut interest rates.

Miran, a Heritage Foundation economist and Harvard alumnus currently serving as a White House economic adviser, is on track to be installed in a Fed board of governors seat before the independent government agency’s Sept. 16 and 17 meeting.

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