Stephen Miran

Trump Installs Economic Adviser on Federal Reserve Board in Unprecedented Dual Role

| Importance: 9/10

The Senate confirmed Stephen Miran to the Federal Reserve Board of Governors in a 48-47 vote while he remained chair of Trump’s Council of Economic Advisers—marking the first time in the Fed’s 111-year history that a Board member simultaneously served as a presidential employee. Though …

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Federal Reserve Nominee Plans Unprecedented Dual Role With White House

| Importance: 9/10

Stephen Miran, President Trump’s nominee for the Federal Reserve Board, announced he intends to maintain his position as White House economic adviser if confirmed, taking unpaid leave rather than resigning. This arrangement is unprecedented in Federal Reserve history, where governors have …

Stephen Miran Donald Trump Federal Reserve Board White House institutional-capture federal-reserve-independence conflicts-of-interest regulatory-capture
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