The Senate votes to approve Stephen Miran, President Trump's choice to fill a vacancy on the Federal Reserve's Board of Governors.
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Miran's Senate confirmation comes just hours before the Federal Open Market Committee votes on what to do with interest rates.
Stephen Miran was confirmed to the Fed Board of Governors by the Senate in a close 48-47 vote, filling a key vacancy in the central bank.
The Senate voted to install one of President Trump's top economic advisers at the central bank, opening the door for him to cast a vote at this week's meeting to set interest rates.
The Senate confirmed Trump economic adviser Stephen Miran to the Federal Reserve to finish Adriana Kugler's term. Miran plans to return to his White House job afterward.
Donald Trump's economic adviser Stephen Miran is on his way to joining the Federal Reserve board after the Senate confirmed him to the post in a vote Monday evening.
Miran is the chairman of the Council of Economic Advisers. He will fill the rest of a former governor's term, which is set to end in January.
The top Republican on the Senate Armed Services Committee didn't quite take President Donald Trump at his word Monday about the legality of a recent lethal drone strike on an alleged drug boat in international waters.Trump has ordered at least two U ...
Former Sen. Joe Manchin's new book details heated conflicts with former President Joe Biden and describes having a better relationship with President Donald Trump than former President Barack Obama.
The hearings are expected to give a glimpse into the sustained tumult at the nation's premier federal law enforcement agency.