Republican congressman: Milan may not be in time for next week's Federal Reserve meeting
2025-09-09 23:51:16
Trump's nomination of Milan to the Federal Reserve board was expected to clear a key hurdle in the Senate on Wednesday, although lawmakers said it may still be too late for Milan to be voted on at next week's Fed meeting. "I think it's going to be very challenging," said Senator Loomis, a Republican on the Senate finance committee, referring to possible changes to the nomination process that Republicans are seeking. The finance committee is expected to vote Wednesday on whether to move Milan's nomination to the full Senate, where Democrats are expected to oppose it unanimously, but Republicans are expected to move forward with a 13-11 majority on the committee. The timing of the full-house vote is unclear. A Senate Republican aide said Milan's nomination could be confirmed as early as next Monday. (Kim 10)
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