As the Fed Prepares to Lower Rates, 2 Seats on Its Board Are in LimboThe Senate looks poised to confirm President Trump's pick to join the central bank in time for the policy meeting next week, while another governor's fate remains up in the air.
Source: As the Fed Prepares to Lower Rates, 2 Seats on Its Board Are in Limbo (https://www.nytimes.com/2025/09/12/business/federal-reserve-board-interest-rates.html)