Senate confirms Miran as Fed governor right before policy meeting, even as he keeps job as White House adviser
President Trump successfully placed his economic adviser on the Fed board as part of a broader effort to influence central bank policy.
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tl;dr
The Senate confirmed White House adviser Stephen Miran to the Federal Reserve's Board of Governors in a narrow 48-47 vote. The appointment has sparked controversy because Miran plans to retain his White House role on unpaid leave, prompting concerns about the central bank's independence.
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