We had the heads up on the likelihood of this yesterday:
Trump’s temporary Federal Reserve pick Miran could be confirmed as soon as MondayMiran is Trump's pick to step onto the Federal Reserve Board to replace the recently resigned Kugler. Miran is expected to be approved by the full Senate vote along party lines. This should get Miran onto the Federal Open Market Committee (FOMC) meeting on September 16 - 17. A 25bp rate cut is widely expected, whether Miran takes his seat on FOMC by then or not.The US Senate for Monday now confirms the vote will be held. In fact, there will be plenty of voting. Via NBC:
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