Trump Announces Stephen Miran As Next Federal Reserve Board Member
President Donald Trump typed Stephen Miran, his best economist in the White House on Thursday to temporarily fill an open seat at the Federal Reserve Board.
Miran, president of the Council of Economic Councilors, would replace Governor Adriana Kugler, who will move on Friday. The position is a vote on the Fed set -by -state committee, which Trump has forced to reduce loan costs. If he is confirmed, Miran would serve until January 31, 2026 while the administration is looking for a permanent candidate. (Related: senior Fed official to leave, giving Trump Key Vacance to fill)
“”[Miran] Was with me since the start of my second term, and his expertise in the world of economics is unprecedented – he will do exceptional work, “Trump wrote on Truth Social.
Economist trained in Harvard and former Treasury manager, Miran is now heading for the Council of Economic Advisors for three members. If he is confirmed by the Senate, he could be on the platform for the meeting from the Fed from September 16 to 17 to 17, marking Trump’s first imprint on the board of directors during his second term.
This is a history in development and will be updated accordingly.
