The Senate voted Monday to confirm President Trump's top White House economist to the Federal Reserve board of governors.

Senators voted along party lines, 48-47, to approve the nomination of Stephen Miran, chair of the White House Council of Economic Advisers (CEA), to the remaining four months of a term on the Fed board.

As a member of the Fed's seven-person board, Miran will have a vote on all Fed interest rate decisions, along with banking regulations and major enforcement actions. He has promised to take an unpaid leave of absence from the White House until the expiration of his term in January.

Trump and other top Republicans have made it a priority to fill a vacant spot on the Fed board ahead of the Sept. 16-17 meeting of the Federal Open Market Committee (FOMC), the panel of cen

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