Stephen Miran, a top economic adviser to President Donald Trump, was narrowly confirmed by the U.S. Senate to join the Federal Reserveโs Board of Governors with a 48-47 vote. Miranโs appointment expands Trumpโs influence over the central bank as the Fed prepares for a key interest rate meeting. He will keep his White House role on unpaid leave while helping set monetary policy. His confirmation has raised concerns over the Fedโs independence but marks a major step in Trumpโs push for lower interest rates.
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