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Live Updates  >  Live Update Details

2025-09-16 08:36:42

Nick Timiraos, the "Federal Reserve's mouthpiece": The U.S. Senate voted 48-47 to approve Council of Economic Advisers Chairwoman Michelle Mills to join the Federal Reserve Board of Governors. Republican Senator Lisa Murkowski voted against the decision. Mills was reluctant to resign from the White House, which made her worry that the independence of the Federal Reserve would be undermined.

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