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International Business Times
International Business Times
World

US Senate Poised To Advance Trump Aide's Appointment At Fed

Donald Trump Stephen Miran the Federal Reserve The US Senate US Federal Reserve Adriana Kugler Jerome Powell Lisa Cook the White House Council of Economic Advisers White House
Stephen Miran, who chairs the White House's Council of Economic Advisers, could be in place at the Federal Reserve by the start of its two-day interest rate meeting on Tuesday (Credit: AFP)

The US Senate is due to vote late Monday on the confirmation of President Donald Trump's choice to join the Federal Reserve's board -- as the clock ticks down to a key policy meeting.

If confirmed, Stephen Miran, who chairs the White House Council of Economic Advisers (CEA), would join the Fed as one of 12 voting members on a panel that sets interest rates steering the world's biggest economy.

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