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According to ChainCatcher, U.S. President Trump announced: "I have selected the current Chair of the Council of Economic Advisers, Stephen Miran, to fill the recently vacated seat on the Federal Reserve Board, with a term lasting until January 31, 2026. At the same time, we will continue to search for a long-term replacement for the Federal Reserve position. Stephen holds a Ph.D. in Economics from Harvard University and performed exceptionally well during my first administration. He has been by my side since the start of my second term, and his expertise in economics is unparalleled—he will do an outstanding job. Congratulations, Stephen." Stephen Ira Miran is an American economist and the current Chair of the White House Council of Economic Advisers (since March 2025). He graduated from Boston University in 2005, majoring in economics, philosophy, and mathematics, and earned his Ph.D. in Economics from Harvard University in 2010 under the supervision of Martin Feldstein. Miran served as Senior Advisor for Economic Policy at the U.S. Department of the Treasury from 2020 to 2021, where he was involved in fiscal support measures during the pandemic, such as the Paycheck Protection Program under the CARES Act. He is currently a Senior Strategist at Hudson Bay Capital Management, co-founder of the asset management firm Amberwave Partners, and a part-time research fellow at the Manhattan Institute. Miran supports Trump’s economic protectionist policies, advocating the use of tariffs to reduce the trade deficit and promote a revaluation of the U.S. dollar against other currencies.