Miran Wins Fed Post Confirmation as Senate Backs Trump Pick

Stephen Miran during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington on Sept. 4.Photographer: Daniel Heuer/Bloomberg

Donald Trump’s economic adviser Stephen Miran is on his way to joining the Federal Reserve board after the Senate confirmed him to the post in a vote Monday evening.

The Senate voted largely along party lines to approve Miran’s nomination, setting him up to walk into the Fed’s Washington offices Tuesday morning in time for a crucial Federal Open Market Committee meeting scheduled for Tuesday and Wednesday. The vote was 48-47.