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AiCoin
AiCoin|Sep 09, 2025 23:51
[Milan May Struggle to Attend Next Week's Federal Reserve Meeting, Confirmation Timing Uncertain] The nomination of Milan by Trump to serve as a Federal Reserve governor is expected to pass a key vote in the Senate Banking Committee this Wednesday. However, senators have indicated that Milan may not be able to participate in next week’s Federal Reserve meeting in time. Republican Senator Lummis pointed out that although the GOP is considering revising the nomination process, logistical arrangements remain a significant challenge. The Banking Committee is expected to advance the nomination to the full Senate with a 13-11 vote, with Democrats anticipated to unanimously oppose it. Currently, the exact timing of the full Senate vote has not been determined. A Senate Republican aide revealed that Milan’s nomination could be confirmed as early as next Monday.
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Timeline

Oct 09, 18:36Fed's Barr worries that rate cuts could fuel inflation
Oct 09, 14:08John Williams hints at possible further rate cuts
Oct 09, 12:25The Federal Reserve's third-in-command supports further rate cuts
Oct 09, 09:08Federal Reserve's Williams supports further rate cuts
Oct 09, 04:17U.S. Treasury Secretary concludes interviews for Federal Reserve Chair candidates
Oct 08, 22:30Federal Reserve Payments System Innovation Conference Guest Invitation
Oct 08, 21:06Trump-backed candidate McKernan appointed as senior Treasury official
Oct 08, 18:06Minutes from the Federal Reserve meeting show that the majority support not cutting interest rates.
Oct 08, 18:00Most members of the Federal Reserve support further easing of policies.
Oct 08, 18:00Federal Reserve Releases 2025 Meeting Minutes

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