U.S. Senate Confirms Stephen Miran for Federal Reserve's Board of Directors

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An advisor to President Donald Trump officially became one of the governors of the United States Central Bank (Fed) this Tuesday, just in time to participate in a key meeting on interest rates. Stephen Miran was sworn in, announced the Federal Reserve in a statement, a few hours after the Senate confirmed his appointment. The two-day monetary policy meeting of the Fed began just after, according to a spokesman.

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President Donald Trump achieved a quick political victory this Monday with the confirmation in the Senate of Stephen Miran, his chief economic adviser, as a new member of the Federal Reserve Board (Fed).The vote ended very even, 48 to 47, and took place just hours before the central bank began a fundamental two-day meeting in which a possible cut in interest rates will be discussed.Read more]]>

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Court slows Trump's attempt to dismiss Lisa Cook before voting on interest ratesWall Street opens mixed with all the sights on TikTok and the FedA board member of President Donald Trump officially became one of the governors of the central bank of the United States (Fed) this Tuesday, just in time to participate in a key meeting on interest rates. READ ALSO: The Spanish stock exchange opens on the downside and the Ibex 35 loses 0.7%Stephen Miran…

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Investors will be watching the FOMC meeting closely, also amid growing concerns about the central bank's independence.