Senate confirms Stephen Miran to Fed board ahead of crucial rate cut meeting

1. Stephen Miran confirmed to the Federal Reserve Board by a narrow Senate vote. 2. Miran's confirmation coincides with expectations of an upcoming rate cut. 3. Trump pressures for lower interest rates, advocating cuts to stimulate growth. 4. Lisa Cook faces legal challenges after being removed by Trump from the Fed. 5. Miran's influence may shift Fed's monetary policies impacting S&P 500.