Senate Confirms Trump-Appointed Fed Nominee Amid Market Stability

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Source: The Hill
Senate Confirms Trump-Appointed Fed Nominee Amid Market Stability
Photo: The Hill
TL;DR Summary

The Senate confirmed Stephen Miran, the White House's top economist, to the Federal Reserve Board of Governors in a close vote, where he will participate in setting interest rates and banking regulations, although his immediate impact may be limited as the Fed prepares to cut rates.

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