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16 September
Miran set to vote at this week’s Fed meeting. Here’s what to expect on Wednesday.
Stone eagle above the words "Federal Reserve."
A vote on Trump Federal Reserve nominee Stephen Miran ends some of the uncertainty ahead of this week’s Fed meeting. Photo: Getty Images

The 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.