The Senate confirmed Stephen Miran, one of the White House’s top economic advisors, on Monday to the Federal Reserve Board of Governors, the body that steers the U.S. economy.

Senators voted 48-47, largely party-line vote in the Republican-controlled Senate.

Miran is set to report to the Fed’s Washington, D.C., headquarters on Tuesday, as officials open a two-day meeting that will help decide the direction of the economy .

The Federal Open Market Committee will meet on Sept. 16 to set U.S. interest rates and broader monetary policy . Those decisions ripple through to borrowing costs on everything from mortgages to credit cards.

Fed watchers broadly expect the central bank to cut rates during the two-day meeting.

President Donald Trump tapped Miran, who leads the White Ho

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