The U.S. Senate Committee on Banking, Housing and Urban Affairs released a statement from Chairman Tim Scott following the Senate’s 48-47 vote to confirm Dr. Stephen Miran to the Board of Governors of the Federal Reserve System. Scott described the confirmation as a positive outcome for the public and credited work by the Senate Banking Committee. He said Miran brings “deep experience” and “proven leadership,” and expressed confidence that Miran will act independently and prioritize monetary policy decisions aimed at fostering growth, investment, and opportunity.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-09-15
U.S. Senate Committee on Banking, Housing and Urban Affairs chairman applauds 48-47 Senate confirmation of Stephen Miran to the Federal Reserve Board
The U.S. Senate Committee on Banking, Housing and Urban Affairs confirmed Dr. Stephen Miran to the Board of Governors of the Federal Reserve System with a 48-47 vote. Chairman Tim Scott praised the confirmation, highlighting Miran's deep experience and leadership, and expressed confidence in his independent approach to monetary policy.