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from the world of economics and financeThe Republican-controlled Senate on Monday voted in favor of President Donald Trump’s nominee for Federal Reserve governor, Stephen Miran, ending some of the uncertainty around this week’s Fed meeting that’s widely expected to deliver a cut to interest rates.
The vote — which was 48-47 — clears the way for Miran to be among the Fed officials voting on rates, with their decision unveiled at 2 p.m. Eastern Wednesday.