According to BlockBeats, Stephen Milan has been sworn in as a Federal Reserve Governor prior to the Federal Open Market Committee (FOMC) meeting. The announcement was made by the Federal Reserve on September 16. Milan's appointment comes at a crucial time as the FOMC prepares to discuss key economic policies. His role will involve contributing to decisions that impact the U.S. economy, including interest rates and monetary policy. Milan's expertise is expected to play a significant part in shaping the Federal Reserve's approach to current economic challenges.