Trump Fed pick Stephen Miran confirmed, set to vote on interest rates

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Stephen Miran, President Donald Trump‘s nominee to be the next governor at the Federal Reserve, has been confirmed by the Senate, teeing him up to vote on interest rates this week.

The full Senate voted 48-47 on Monday evening to approve Miran’s nomination to the Fed board. Sen. Lisa Murkowski (R-AK) joined Democrats in voting against him. Miran, 42, will succeed Fed governor Adriana Kugler, who unexpectedly stepped aside last month.

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