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Business & Economy Business & Economy <!– The Big Story  Miran on track to join Fed before key meeting President Trump’s top White House economist is on track to join the Federal Reserve board of governors in time to attend a pivotal meeting next week. © Getty Images Senate Majority Leader John Thune (R-S.D.) teed up a Thursday vote to advance the nomination of Stephen Miran, chair of the White House Council of Economic Advisers, to a spot on the Fed board. After senators vote, as expected, to end debate on Miran’s nomination, the full chamber could move to confirm him to the Fed as soon as Monday — the day before the Fed’s next monetary policy meeting. Trump and other top Republicans have made it a priority to fill a vacant spot on the Fed board ahead of the Sept. 16-17 meeting of the Federal Open Market Committee (FOMC), the panel of central bank officials in charge of setting interest rates. The president has been ramping up pressure on the Fed to cut interest rates by margins far greater than any economist has recommended, and he is eager to replace Fed Chair Jerome Powell once his term ends next year. As a member of the Fed board, Miran would be one of the 12 voting members of the FOMC and play a key role in interest rate policy.   Read more here. Welcome to The Hill’s Business & Economy newsletter, I’m Aris Folley — covering the intersection of Wall Street and Pennsylvania Avenue. Did someone forward you this newsletter? Subscribe here. Essential Reads  Key business and economic news with implications this week and beyond: IMF sees strains in US economy The International Monetary Fund (IMF) on Thursday said the U.S. economy was showing signs of strain after a series of dismal job reports and uncertainty on tariff revenue.  Full Story Hyundai plant’s completion in Georgia delayed months by ICE raid The massive U.S. Immigration and Customs Enforcement (ICE) raid at a Hyundai EV battery manufacturing plant in Georgia last week has likely set the facility’s opening back by several months, Hyundai CEO José Muñoz told reporters Thursday.  Full Story House pushes to conference first batch of 2026 funding bills with Senate The House is making a push to formally conference government funding legislation for fiscal 2026 with the Senate, breaking with recent norms as Congress stares down a Sept. 30 deadline to prevent a government shutdown.  Full Story Customs duties hit new record in August on tariff revenues Federal customs revenues hit another new record in August, driven by sweeping tariffs on imports, one of the Trump administration’s signature economic policies.  Full Story The Ticker  Upcoming news themes and events we’re watching: Top House Republicans are eyeing next week to unveil forthcoming plan to prevent a government shutdown on Oct. 1. In Other News  Branch out with more stories from the day: Wall Street rallies as a cut to interest rates next week looks more certain NEW YORK (AP) — Wall Street’s record-setting run kept rolling on Thursday, and stocks climbed after … Full Story Good to Know  Business and economic news we’ve flagged from other outlets: Dow closes up 600 points, setting record, as August inflation increase likely won’t derail Fed rate cut (CNBC) Trump takes one step back and another forward in his attempt to reshape the Fed (The Associated Press) Graphic video of Kirk shooting was everywhere online, showing how media gatekeeper role has changed (ABC News) What People Think  Opinions related to business and economic issues submitted to The Hill: Trump can’t just fire whomever he wants Raising the minimum wage actually increases racial disparities   You’re all caught up. See you tomorrow!