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Axios
Axios

Trump nominee Miran confirmed to Fed ahead of rate decision

Donald Trump Stephen Miran US Federal Reserve Interest Rates the Council of Economic Advisers the White House

The Senate confirmed Stephen Miran to be a Federal Reserve governor on Monday, securing the post for a Trump loyalist just hours before the Fed meets to debate cutting interest rates.

Why it matters: President Trump has demanded lower interest rates from the Fed, and Miran is likely to make that case immediately.

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