The Trump administration is rushing to arrange the personnel layout of the Federal Reserve, and the Milan nomination may be finalized before the September decision.

The Republican-led U.S. Senate is likely to achieve the radical goals set by the Trump administration - quickly confirming Stephen Moore's nomination as a Federal Reserve governor before the Fed's September interest rate decision, unless there are procedural glitches or unexpected opposition. Democrats privately admit they cannot stop Moore's nomination alone. According to the rules, they can only briefly delay the process in the banking committee after the expected hearing next week and delay for several days in the full Senate vote. The specific time of the hearing has not yet been announced. Despite the lack of votes to block the nomination by the Democrats, Moore is expected to face tough questioning, including his involvement in Trump's dismissal of Fed governor Lisa Cook, attempts to pressure the Fed to cut interest rates, and other government economic policies.