Trump's pick for the Fed board could join in time for key rate cut vote

1. Stephen Miran could be confirmed for the Fed ahead of September's meeting. 2. Fed watchers expect a rate cut as inflationary pressures ease. 3. Trump pressures the Fed for lower rates to stimulate economic growth. 4. Potential Fed changes could shift monetary policy significantly ahead of elections. 5. Investors are closely monitoring political dynamics affecting Fed appointments.