Stephen Miran
Stephen Miran | |
|---|---|
_(cropped).jpg) Official portrait, 2025 | |
| Member of the Federal Reserve Board of Governors | |
| In office September 16, 2025 – May 22, 2026 | |
| President | Donald Trump |
| Preceded by | Adriana Kugler |
| Succeeded by | Kevin Warsh |
| 32nd Chair of the Council of Economic Advisers | |
| In office March 13, 2025 – February 3, 2026[a] | |
| President | Donald Trump |
| Preceded by | Jared Bernstein |
| Succeeded by | Pierre Yared (acting) |
| Personal details | |
| Born | Stephen Ira Miran June 1983 (age 42–43) Pearl River, New York, U.S. |
| Education | |
| Scientific career | |
| Fields | Economics Public policy |
| Thesis | Essays on Household Saving Behavior and Fiscal Policy (2010) |
| Doctoral advisor | Martin Feldstein |
Stephen Ira Miran (born June 1983) is an American economist and politician who was a member of the Federal Reserve Board of Governors from 2025 until 2026. He was the 32nd Chair of the Council of Economic Advisers from 2025 until 2026. He was a senior strategist at Hudson Bay Capital Management.[1]
In December 2024, President-elect Donald Trump named Miran as his nominee for Chairman of the Council of Economic Advisers. He was confirmed by the U.S. Senate in March 2025. A few months later, he was successfully nominated by President Trump to be a member of the Federal Reserve Board of Governors.
Early life
Miran graduated from Boston University in 2005. He studied economics, philosophy, and mathematics. He received a PhD in economics from Harvard University in 2010. He was a student of Martin Feldstein.[2]
Career
Miran was an advisor of economic policy for the Department of the Treasury from 2020 to 2021.[3] Miran is a senior strategist at Hudson Bay Capital Management.[2] He was a co-founder of the asset management firm Amberwave Partners. He was also an adjunct fellow at the Manhattan Institute.
Chair of the Council of Economic Advisers
On December 22, 2024, President-elect Donald Trump picked Miran as his nominee for chairman of the Council of Economic Advisers.[4] He was confirmed by the Senate for the office on March 12, 2025.[5] He was confirmed in a 53-46 vote.
Federal Reserve Board of Governors
On August 7, 2025, Trump named Miran as his nominee to replace Adriana Kugler as a member of the Federal Reserve Board of Governors.[6] On September 15, he was confirmed by the Senate in a 48–47 vote and was sworn-in the next day.[7]
On March 4, 2026, Trump nominated Kevin Warsh to replace Miran. The Senate confirmed Warsh on May 12, 2026.[8]
Notes
- ↑ On leave: September 16, 2025 – February 3, 2026
References
- ↑ Miran, Stephen; Katz, Dan (May 26, 2023). "Don't break the Treasury market while trying to save it". Financial Times. Retrieved December 22, 2024.
- 1 2 Friedman, Lisa (December 22, 2024). "Trump Picks a Former Treasury Official as His Top Economist". The New York Times. Retrieved December 22, 2024.
- ↑ Barbuscia, Davide (July 26, 2024). "Hedge fund study on U.S. Treasury issuance fuels debate". Reuters. Retrieved December 22, 2024.
- ↑ "Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers". Reuters. December 22, 2024. Retrieved December 22, 2024.
- ↑ "Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers". Reuters. December 22, 2024. Retrieved December 22, 2024.
- ↑ "Trump to nominate top economic aide Stephen Miran to Federal Reserve board". AP News. Retrieved August 13, 2025.
- ↑ "Senate Confirms Stephen Miran as Fed Governor". The New York Times. September 15, 2025. Retrieved September 17, 2025.
- ↑ Sutton, Sam (May 12, 2026). "Senate confirms Warsh for seat on Fed Board, clearing path to become chair". Politico.
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