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Donald Trump to nominate Stephen Miran to Federal Reserve board

White House economist set to fill seat vacated by Adriana Kugler on temporary basis

Donald Trump has nominated Stephen Miran to fill a soon-to-be vacant seat on the Federal Reserve’s board of governors.

Miran, chair of the Council of Economic Advisers, will take the seat vacated by Adriana Kugler, who is leaving the central bank on Friday, months before her term was set to end in January.

The president said in a Truth Social post on Thursday that Miran would serve through to the end of January as the administration continues its search for a “permanent replacement” to fill the seat.

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