Stephen Miran, President Trump's newly confirmed pick to the Federal Reserve board, said on Friday that uncertainty around U.S. trade policies was partly responsible for slow economic growth this year.

Miran, who was confirmed on Wednesday in time to join the Fed meeting Thursday, said growth in the first half of the year was “weaker than we hoped it would be” during an appearance on CNBC.

“And as recent revisions to data indicated was even weaker than we thought,” he said. "But I think that was caused in part by headwinds to the economy from uncertainty around trade policy and tax policy."

"You know, there was the risk of the biggest tax hike in history, and that's been taken off the table, and that's been replaced with some powerful investment incentives. And there was uncertainty fro

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