Trump taps White House economist Stephen Miran to fill Fed vacancy on temporary basis

Scott Horsley

August 07, 2025 / 1:30 pm

President Trump plans to nominate White House economist Stephen Miran to fill a six-month vacancy on the Federal Reserve's board of governors.

In a post on social media , Trump said he wants Miran to fill the board seat being vacated by Adriana Kugler, whose term expires at the end of January. Kugler announced last week she's leaving the Fed six months early to return to a teaching post at Georgetown University.

Trump said he will continue to search for a nominee to fill a new, 14-year term on the Fed board that begins early next year. The nominations are subject to Senate confirmation.

Miran currently serves as chairman of the White House Council of Eco

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