The Senate approved one of Trump’s top economic advisers for a seat on the Federal Reserve’s governing board, according to AP. The move gives the White House more influence just ahead of an expected interest rate cut. The Senate confirmed Stephen Miran in a 48-47 vote along party lines, with Alaska Senator Lisa Murkowski the only Republican to oppose his nomination. Democrats raised concerns about Fed independence after Miran said he would remain White House economic adviser on unpaid leave. He will serve the remainder of a term ending in January, replacing Adriana Kugler. His approval comes as Trump faces legal setbacks in efforts to remove Fed Governor Lisa Cook, who remains on the board after winning in court.