Trump appoints Stephen Miran as acting Fed board member

Donald Trump has chosen Stephen Miran, current chairman of the Council of Economic Advisers, as an interim member of the Federal Reserve Board until 31 January 2026 after the resignation of Adriana D. Kugle. The US president announced this on Truth.

"Stephen has been with me since the beginning of my second term and his expertise in the world of economics is unparalleled: he will do an extraordinary job," the tycoon wrote on social media, stressing that he would "seek a permanent member in the meantime." "Stephen holds a PhD in Economics from Harvard University and served with distinction during my first administration. He has been with me since the beginning of my second term and his expertise in the world of economics is unparalleled - he will do an outstanding job. Congratulations Stephen!" concluded Trump.