The position, which comes with a spot on the interest rate-setting Federal Open Market Committee, comes after Fed Gov. Adriana Kugler resigned early.

Miran has emerged as a vocal defender of Trump's economic agenda, particularly the 2025 tax cuts and the broad tariff regime.

P resident Donald Trump will nominate Stephen Miran, chair of the White House Council of Economic Advisers, to the Federal Reserve Board of Governors, filling the seat vacated by Adriana Kugler, who resigned months before her term was set to expire in January 2026.