Summary
- President Trump has nominated Stephen Miran as a governor of the Fed.
- Miran's term as governor is until January 31, 2026.
- Adriana Kugler, the previous Fed governor, has resigned.
According to economic news account Walter Bloomberg on the 7th (local time), U.S. President Trump has nominated Stephen Miran, Chairman of the White House Council of Economic Advisers (CEA), as a Fed governor to fill the recent vacancy.
Miran's term will last until January 31, 2026. Previously, Fed Governor Adriana Kugler had announced her resignation last week.
JH Kim
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