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The Federal Reserve Board of Governors nomination in Milan has been approved, Trump is one step closer to controlling the Fed.
On September 10, the U.S. Senate Banking Committee approved the nomination of Milan to the The Federal Reserve Board of Governors by a vote of 13 to 11. ( Jin10 ) BlockBeats Note: Milan's successful nomination is a key part of Trump's effort to gain control of the Fed, as Trump is expected to control the majority of the Fed's seats; Milan was previously only a "temporary" governor.