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Senate panel advances Miran’s Fed nomination

The Senate Banking Committee voted along party lines Wednesday to advance President Donald Trump’s pick to fill a Federal Reserve board vacancy, sending the nomination to the full chamber. The panel voted 13-11 to approve Stephen Miran, who currently chairs Trump’s Council of Economic Advisers and is nominated to fill a short-term Fed board vacancy that expires at the end of January. Senate Republicans are rushing to confirm Miran before the Fed’s mid-month rate-setting meeting, which...