Senate clears Trump pick Miran to Fed board ahead of key interest rate vote

The Senate clears Stephen Miran, Trump's pick, to the Federal Reserve board amid interest rate concerns. Miran, chair of the Council of Economic Advisers, will be the first sitting White House official on the Fed's board in decades. His confirmation comes as the Fed is expected to approve a rate cut and follows Trump's efforts to reshape the central bank. The move has raised worries about the Fed's independence and Miran's role as an independent voice on the board.