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Trump’s Fed Board pick Miran has enough Senate votes to win

Miran will also attend the September 16-17 Federal Open Market Committee (FOMC) meeting.

  • Senate approved Stephen Miran’s confirmation on a 48-47 vote
  • will fill the seat that Adriana Kugler stepped down from last month
  • will be the first executive-branch official to sit on the central bank’s board since 1935
  • Miran will be on the Board until January when he is expected to slip back into his current job as chairman of Trump’s Council of Economic Advisers

Trump needs as many yes men on the Committee as he can get, getting Miran voted onto the FOMC is a win for Trump

Earlier:

This article was written by Eamonn Sheridan at investinglive.com.

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