💨 Abstract

President Donald Trump plans to nominate Stephen Miran, chair of the White House’s Council of Economic Advisers, to temporarily fill a vacant seat on the Federal Reserve’s board of governors. Miran, a supporter of Trump's economic policies, will serve until January 31, 2026, if approved by the Senate. This appointment allows Trump to temporarily increase his influence over the Fed, an agency he has often criticized.

Courtesy: WTOP Staff