Federal Reserve Board nominee Milan passes Senate committee review and may take office next week
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ChainCatcher news, according to Golden Ten Data, the U.S. Senate Banking Committee voted along party lines on Wednesday to support the nomination of Trump's advisor Stephen Moore for a short-term position as a Federal Reserve governor. The committee approved the nomination by a vote of 13 to 11, and Moore is expected to be confirmed by a full Senate vote on Monday. The Federal Reserve will hold a meeting next week, and the market widely expects the first interest rate cut since December last year.
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