(Reuters) – The U.S. Senate kept the door open on Thursday for President Donald Trump’s economic adviser Stephen Miran to be seated at the Federal Reserve’s policy-setting table in time to vote on interest rate policy next week.
The next step in Miran’s confirmation, a vote by the full Senate, has been planned for Monday evening, according to the Senate schedule set by Republican leaders.
Lawmakers would first take a procedural vote that, if approved, would clear the way for Miran’s confirmation by the Republican-majority body. That would leave a narrow window for him to complete the remaining steps, including paperwork and a swearing-in, before the Fed is set to start a two-day meeting before noon on Tuesday.
With the labor market showing signs of weakening, the central bank is widely