US Republican lawmakers: Milan may not be able to attend next week's US Federal Reserve meeting
TechFlame
2025-09-09 23:50
TechFlame2025-09-09 23:50
English
TechFlame reports that Trump's nomination of Milan as the governor of the Federal Reserve is expected to clear a key obstacle in the Senate on Wednesday, but lawmakers said it may still be too late for Milan to vote at next week's Federal Reserve meeting. On the logistics of whether Milan's appointment can be confirmed before the September Federal Reserve meeting, Republican Senator Loomis of the Senate Finance Committee said, “I think this will be very challenging. Even launching a new program would take a lot of time.” She indicated that Republicans are seeking possible changes to the nomination process. The Financial Services Committee is expected to vote on Wednesday to decide whether to advance Milan's nomination bill to the full Senate. It is expected that the Democratic Party will unanimously oppose it, but the Republican Party should move forward with a majority of 13:11. The timing of the full House vote is currently unclear. A Republican aide to the Senate said Milan's nomination could be confirmed as early as next Monday. (gold 10)