President Donald Trump said Thursday he will nominate a top economic adviser to the Federal Reserve's board of governors for four months, temporarily filling a vacancy while continuing his search for a longer-term appointment.

Trump said he has named Stephen Miran, the chair of the White House's Council of Economic Advisers, to fill a seat vacated by governor Adriana Kugler, a Biden appointee who is stepping down Friday. Miran, if approved by the Senate, will serve until January 31, 2026.

Stephen Miran, chairman of the Council of Economic Advisors, walks at the White House, June 17, 2025, in Washington. AP Photo/Alex Brandon, File

The appointment is Trump's first opportunity to exert more control over the Fed, one of the few remaining independent federal agencies. Trump has relentle

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