Miran, who currently sits on the White House’s Council of Economic Advisers, has advocated for a far-reaching overhaul of Fed governance.
President Trump has nominated Stephen Miran, a key economic adviser, to temporarily fill a vacancy on the Federal Reserve’s board, advocating for significant governance changes while seeking a long-term appointment. Miran’s position gives Trump an opportunity to influence Fed policies, particularly regarding interest rates, amidst ongoing tensions with current chair Jerome Powell.
