Trump announces the nomination of Stephen Moore to serve as a Federal Reserve governor

ChainCatcher News, President Trump announced: "I have chosen current Chairman of the Council of Economic Advisers Stephen Miran to fill the recently vacated seat on the Federal Reserve Board, with a term ending on January 31, 2026. Meanwhile, we will continue to search for a long-term replacement for the Federal Reserve position. Stephen holds a Ph.D. in Economics from Harvard University and has performed excellently in my first administration. He has been with me since the beginning of my second term, and his expertise in the economic field is unparalleled—he will do an outstanding job. Congratulations, Stephen."

It is reported that Stephen Ira Miran is an American economist and currently serves as the Chairman of the White House Council of Economic Advisers (since March 2025). He graduated from Boston University (2005, majoring in Economics, Philosophy, and Mathematics) and obtained his Ph.D. in Economics from Harvard University (2010, under the supervision of Martin Feldstein). Miran served as a Senior Economic Policy Advisor at the U.S. Department of the Treasury from 2020 to 2021, participating in fiscal support efforts during the pandemic, such as the Paycheck Protection Program in the CARES Act. He is currently a Senior Strategist at Hudson Bay Capital Management and a co-founder of the asset management firm Amberwave Partners, as well as a part-time researcher at the Manhattan Institute. Miran supports Trump's economic protectionist policies, advocating for the use of tariffs to reduce trade deficits and promote the revaluation of the dollar against other currencies.