US President Donald Trump has appointed Stephen Miran, chair of the Council of Economic Advisers, to fill a vacant seat on the Federal Reserve Board until January 31, 2026.
The vacancy follows the resignation of Fed Governor Adriana Kugler, effective August 8. Miran, a key figure in shaping trade policy during Trump’s second term, previously served as an economic policy adviser at the US Treasury from 2020 to 2021, according to Xinhua.
The seven-member Fed Board is appointed by the president and confirmed by the Senate.
