The US Senate has cleared President Donald Trump's pick Stephen Miran to join the Federal Reserve's board of governors - part of a panel responsible for setting the country's interest rates.
Miran, who is chair of the Council of Economic Advisers, will be the first sitting White House official to join the Fed's board since its creation in its current form in the 1930s.
He was narrowly confirmed on Monday with a vote of 48-47.
The economist's entry has raised concerns over the central bank's longstanding independence and follows Trump's bid to reshape the Federal Reserve.
Miran is expected to take part in a key Fed policy meeting this week as one of 12 voting members, playing a central role in Trump's bid for a large interest rate cut.
