The US Senate approved the nomination of the head of the White House Council of Economic Advisers, Stephen Miran, for a post on the Board of Governors of the Federal Reserve - the Fed, which acts as a central bank.
The vote in the upper house of the legislative body was broadcast on September 15 by the television channel C-SPAN.
48 senators voted in favor of Miran's candidacy, 47 voted against. He will hold the post in the leadership of the Fed until January 31, 2026.
In early September, at a hearing in the relevant Senate committee of Congress, representatives of the Democratic Party expressed concerns that Miran, given his position, would promote the interests of the head of the US administration in the Fed. The consultant, who was nominated by US President Donald Trump to the Fed Board of Governors, said that if he is confirmed, he will remain independent of the head of state.
Trump has repeatedly called on Fed Chairman Jerome Powell to resign over his refusal to lower interest rates. The president claims that the financial regulator is acting deliberately to keep the federal government's borrowing costs high. The White House has said that the Federal Reserve is driven by political interests and that its Board of Governors is strongly anti-Trump.