## Trump Nominates Stephen Miran to the Federal Reserve Board
Here’s a quick rundown of the recent developments regarding the Federal Reserve:
- Nomination: Former President Donald Trump has nominated Stephen Miran, current chair of the Council of Economic Advisors, to the Federal Reserve Board of Governors.
- Vacancy: Miran will fill the vacancy left by Adriana Kugler, whose term expires January 31, 2026.
- Caretaker Role?: Trump indicated Miran may be a temporary replacement, with a search ongoing for a permanent appointee for the full 14-year term.
- Background: Miran has experience in economic policy, including a role in the first Trump administration and as a senior advisor.
- Controversial Views: Miran is known for his criticism of the Fed’s actions during the COVID crisis and authored the “Mar-A-Lago Accord,” a plan to devalue the dollar.
- Senate Confirmation: Miran’s nomination requires Senate confirmation, which is unlikely until September.
- Potential Role: Miran could serve as an “antagonist” to current Fed Chair Jerome Powell, as Trump has been critical of Powell and advocates for lower interest rates.
- Other Considerations: The article also mentions the upcoming expiration of Jerome Powell’s term and potential candidates for his replacement.
For more details, you can read the full article [here](insert_article_link_here).