Trump Nominates Stephen Miran, Critic of Yellen and Powell, to Lead Council of Economic Advisers

Dec 22, 2024, 04:03 PM

Donald Trump announced that he will nominate Stephen Miran to be the Chairman of his Council of Economic Advisers, pending Senate confirmation. Miran previously served as a Senior Advisor for Economic Policy at the Treasury during Trump's previous administration. Known for his sharp financial expertise, Miran has been critical of the Biden administration's economic policies, including Treasury Secretary Janet Yellen's debt management and Federal Reserve Chairman Jerome Powell's monetary policy. The Council of Economic Advisers plays a key role in advising the President on economic policies and communicating those decisions to the public. Miran's appointment underscores a renewed focus on economic policy in the incoming administration.