Milan is still likely to attend the Federal Reserve's interest rate meeting starting on Tuesday

The US Senate will vote on Milan's nomination to the Federal Reserve Board on Monday evening. According to the Senate calendar, senators will hold a procedural vote at 5:30 PM local time (5:30 AM Beijing Time on the 16th), with the final confirmation vote beginning at approximately 8:00 PM (8:00 AM Beijing Time on the 16th). If all formalities are completed successfully (confirmation of nomination, paperwork, and swearing-in), Milan could potentially participate in the Federal Reserve's interest rate meeting, which begins this Tuesday. However, it remains uncertain whether he will be sworn in quickly enough to participate in the meeting. The time from Senate approval to swearing-in typically takes several days, but there have been precedents where some governors have participated in FOMC meetings just one day after their nominations were confirmed. (Jinshi)