Senate committee approves Trump’s Fed Board nominee, raising concerns about its independence
September 10, 2025
A Senate committee is approving the nomination of White House economic adviser Stephen Miran to the Fed’s board of governors, setting up a likely approval by the full Senate, which would make Miran the third Trump appointee to the seven-member board. The White House has pushed for an expedited Senate approval of Miran, who was nominated by President Donald Trump to replace former Fed governor Adriana Kugler, who stepped down Aug. 1. The committee voted to approve Miran on partisan lines, 13-11, with all Democrats voting against confirmation Wednesday.