The U.S. Senate Banking Committee is set to vote on Milan's nomination to the Federal Reserve Board on September 10th, with expectations of full Senate confirmation before the Fed's interest rate meeting on September 16th and 17th. Milan has garnered Republican support by affirming his commitment to the Fed's independence, distancing himself from President Trump's directives. The committee is anticipated to approve the nomination, allowing Senate leaders time to navigate procedural votes for final confirmation. Only four Republican defections could block the nomination, though Milan previously received unanimous Republican support for a prior role.
Senate Banking Committee to Vote on Milan's Fed Board Nomination
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