FILE — Stephen Miran, chairman of the Council of Economic Advisors, walks at the White House, June 17, 2025, in Washington. (AP Photo/Alex Brandon, File) By Andrew Ackerman and Jacob Bogage

President Donald Trump announced on social media Thursday that he would nominate his White House economic adviser Stephen Miran to the Federal Reserve Board, in his first bid this term to shape the institution that he has aggressively pushed to lower rates.

Miran is the chairman of the Council of Economic Advisers and Trump said he would serve just through Jan. 31, 2026, the end of the current vacancy.

“It is my Great Honor to announce that I have chosen Dr. Stephen Miran, current Chairman of the Council of Economic Advisors, to serve in the just vacated seat on the Federal Reserve Board until J

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