Stephen Miran: Trump tariff architect, now in US Fed

Stephen Miran's nonsensical war on the US dollar's dominance goes prime-time

When President Donald Trump announced that he nominated Council of Economic Advisers Chairman Stephen Miran to fill a vacant Federal Reserve Board seat, it seemed like a strange choice. Those of us who saw Miran’s disastrous handling of April’s tariff “Liberation Day” wondered if this was the White House‘s way of quietly offloading him from the Trump administration. If only we were so lucky. Instead, Miran has made clear that he is the Trump adm…

It’s Still Powell’s Fed, Not Trump’s, as Miran Gets No Traction

Open the article to view the coverage from Bloomberg

Miran Follows a Long Tradition of Political Appointees at the Fed

From Eccles to Greenspan to Yellen, history suggests politically seasoned Fed officials are the rule rather than the exception.

Stephen Miran: Trump tariff architect, now in US Fed

The 42-year-old PhD in economics from Harvard University was the head of Trump’s Council of Economic Advisers, before taking office as one of the seven governors of the US central bank, which includes its chairman, Jerome Powell.

Stephen Miran’s nonsensical war on the US dollar’s dominance goes prime-time - Conservative Angle

Council of Economic Advisers Chairman Stephen Miran. (Mariam Zuhaib/AP) Miran’s first act as a member of the central bank was to prove that he would serve Trump’s wishes. This was reflected somewhat in his lone vote to slash the federal funds rate by 50 basis points as opposed to the 25-bps cut passed by the rest of his peers. However, it was reflected even more so in his ludicrous projections of what he believes the Fed should do next. Once a q…