Senate Banking to Vote on Miran Fed Nomination Wednesday (1)

White House economic adviser Stephen Miran’s nomination as a Federal Reserve governor has been scheduled for a Senate committee vote Wednesday, a move that will likely allow him to be confirmed by the full Senate before a pivotal vote on cutting interest rates next week.

The Federal Open Market Committee meets on Sept. 16 and 17 and is already expected to cut interest rates for the first time since December on weakening job growth. The Senate is likely to vote on confirming Miran on Sept. 15, just a day before the meeting, per a person familiar with the plans. ...