Senate votes 48-27 to confirm Stephen Miran as Fed governor but court rules Cook may remain in place
Senate Republicans voted on Monday to confirm a senior Trump official to the Federal Reserve’s board of governors as the White House raced to strengthen the US president’s control over the central bank ahead of its latest meeting.
Hours before Fed policymakers convene for their September decision on interest rates, the Senate voted 48 to 27 to confirm Stephen Miran – already chair of Donald Trump’s council of economic advisers – as a governor.
The vote concluded just as a US appeals court declined the Trump administration’s request to fire Lisa Cook, a governor appointed by Joe Biden, before the two-day policy meeting begins on Tuesday. The ruling from the US court of appeals for the District of Columbia Circuit means that Cook may remain in her position during the policy meeting where the Fed is expected to cut interest rates.
What kind of a dumb vote is that? Were Democrats boycotting? Why? Who stayed? Which Republicans didn’t support the fake nominee?
Maybe someone at the Guardian could do a tiny bit of journalism to answer the obvious questions for a weird vote total.
Looked up the tally, the 27 is a typo and should be 47 nay. 4 Rs sat out and Bernie, who I believe had a planned absence for personal matters iirc tweet a few days ago.
Holy shit, Murkowski crossed the line to vote nay.