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Milan may attend the Federal Reserve's interest rate meeting starting on Tuesday
2hours ago

According to Odaily Planet Daily, the U.S. Senate will vote on Milan's nomination to the Federal Reserve Board on Monday evening local time. According to the Senate schedule, senators will hold a procedural vote at 5:30 PM local time (5:30 AM Beijing time on the 16th) and begin the final confirmation vote at approximately 8:00 PM (8:00 AM Beijing time on the 16th). If all formal procedures are completed smoothly (confirmation of nomination, paperwork, and swearing-in), Milan may be able to participate in the Federal Reserve's interest rate meeting starting this Tuesday. However, whether he can complete the swearing-in and participate in the meeting in a short enough time remains uncertain; the time from Senate approval to taking office typically takes several days, but there are precedents where some governors have participated in the FOMC interest rate meeting just one day after their nomination confirmation. (Jinshi)