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BumRushDaShow

(166,993 posts)
Wed Feb 4, 2026, 06:35 AM 3 hrs ago

Stephen Miran resigns from the White House, keeping his seat at the Fed

Source: CNN Business

Updated Feb 3, 2026, 7:58 PM ET
PUBLISHED Feb 3, 2026, 6:55 PM ET


Washington — Stephen Miran, one of President Donald Trump’s top economists, on Tuesday resigned from his leadership role at the White House’s Council of Economic Advisers as his term as a Federal Reserve Governor continues, according to a letter obtained by CNN.

His departure was first reported by Barron’s.

Miran was confirmed by the Senate to serve at the Fed while keeping his role at the White House through an unpaid leave, an unusual arrangement. In his letter dated Tuesday, Miran wrote that he had promised senators he would leave the White House should he remain at the Fed past January.

As a member of the CEA, “his brilliant insights and powerful advocacy on behalf of the President made him an enormous asset for the White House, and he established himself as a key member of the Trump administration’s economic team,” White House spokesperson Kush Desai said in a statement. Technically, Miran’s term expired on January 31, as he was serving out the remaining months for a governor who resigned last year.

Read more: https://www.cnn.com/2026/02/03/business/stephen-miran-resigns-white-house

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Stephen Miran resigns from the White House, keeping his seat at the Fed (Original Post) BumRushDaShow 3 hrs ago OP
" one of President Donald Trump's top economists," rampartd 2 hrs ago #1

rampartd

(4,139 posts)
1. " one of President Donald Trump's top economists,"
Wed Feb 4, 2026, 06:56 AM
2 hrs ago

i needed a little refrsher.....

https://www.npr.org/2025/09/15/nx-s1-5542126/stephen-miran-fed-reserve-board

this matter of fed independence is the "investiture" issue of our time. trump is here appointing "bishops," and he will appoint the next fed chair.

i might be better to have no fed chair at all than one beholden to trump. DO NOT CONFIRM .

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