The Senate Banking Committee voted Wednesday to advance the nomination by President Donald Trump of Stephen Miran , a top White House economic advisor, to become Federal Reserve governor for at least the next several months.

The 13-11 vote along party lines came a day after a federal judge in Washington, D.C., temporarily blocked Trump from firing another Fed governor, Lisa Cook , while her lawsuit challenging his removal of her plays out in court.

And it came a week before the Fed board is set to meet to discuss possibly cutting interest rates, as Trump has demanded it do for months.

"Just out: No Inflation!!! "Too Late" must lower the RATE, BIG, right now," Trump wrote in a Truth Social post that criticized Fed Chairman Jerome Powell.

"Powell is a total disaster, who does

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