Overview

• The Senate Banking Committee voted 13-11 along party lines to send Stephen Miran’s nomination to the full Senate.
• Republicans’ 53-47 majority makes confirmation likely, but senators say the logistics of a floor vote, presidential commission and swearing-in make participation in the Sept. 16–17 meeting unlikely.
• Miran told lawmakers he would take unpaid leave from his Council of Economic Advisers post rather than resign during the short Fed stint, drawing objections from Democrats over independence.
• A federal judge in Washington temporarily blocked the removal of Governor Lisa Cook, keeping her on the board while her lawsuit proceeds.
• If confirmed, Miran would serve the remainder of Adriana Kugler’s term through January 2026, and GOP leaders are considering rule changes to fast-track confirmation votes.