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President Trump got a win when the Senate confirmed his senior economic adviser, Stephen Miran, to join the Fed's board just hours before officials gather to consider cutting interest rates Tuesday
WSJ·2025-09-16 00:20

Core Viewpoint - The vote represents a significant accomplishment for the White House, highlighting a unique arrangement where Miran will remain in his White House position on unpaid leave while also taking on responsibilities at the central bank [1] Group 1 - The arrangement allows for continuity in the White House while also addressing central bank needs [1] - Miran's dual role may influence monetary policy decisions and economic strategies [1] - The decision reflects the administration's approach to integrating government roles for efficiency [1]