A US Senate committee on Wednesday advanced the nomination of President Donald Trump's choice to join the Federal Reserve board, despite concerns that he might not resign from the White House even if confirmed.

Stephen Miran, who chairs the White House Council of Economic Advisers (CEA), passed the Senate Banking Committee's vote by 13-11, with Democratic lawmakers opposing the advancement.

Nonetheless, this vote clears the path for his full Senate confirmation, meaning that he could be in place on the central bank's rate-setting Federal Open Market Committee (FOMC) by its next meeting on September 16-17.

Senator Elizabeth Warren, the top Democrat on the banking committee, warned that Miran's nomination "sets up an obvious Trump loyalty test."

Trump has ramped up pressure on the indepe

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