Fed "Steve Myron, officially sworn in as a board member"
Son Min
Summary
- "Steve Myron" was officially sworn in as a member of the U.S. Federal Reserve (Fed) Board.
- This confirmation makes 3 of the Fed's seven board members Republican appointees.
- Markets say attention is focused on the impact on the Fed's decision-making.
Steve Myron, chair of the White House Council of Economic Advisers, has taken office as a member of the U.S. Federal Reserve (Fed) Board.
On the 16th (local time), according to Walter Bloomberg, the Fed said in a statement, "Steven Myron has officially taken office as a Fed board member." Earlier, on the 15th, the U.S. Senate approved Myron's nomination to the board by a vote of 48 in favor and 47 against.
This makes three of the Fed's seven board members Republican appointees, with Myron joining existing board members Christopher Waller and Michelle Bowman.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit