The U.S. Senate will vote on Monday night on the nomination of Milan to the Federal Reserve Board; it is still uncertain whether she will be able to participate in this week's FOMC meeting.

BlockBeats News, on September 15, the U.S. Senate will vote on the nomination of Milan as a Federal Reserve Board member on Monday evening local time. According to the Senate schedule, senators will hold a procedural vote at 5:30 p.m. local time (5:30 a.m. on the 16th, Beijing time), and the final confirmation vote will begin around 8:00 p.m. (8:00 a.m. on the 16th, Beijing time). If all formal procedures are completed smoothly (confirmation of the nomination, paperwork, and swearing-in), Milan may be able to participate in the Federal Reserve's interest rate meeting starting this Tuesday.

However, it is still uncertain whether he can complete the swearing-in and participate in the meeting within a short enough time; it usually takes a few days from Senate approval to taking office, but there have been precedents where some board members participated in the FOMC interest rate meeting just one day after their nomination was confirmed. (Golden Ten Data)