Stephen Miran

Stephen Miran
Official portrait, 2025
Member of the Federal Reserve Board of Governors
Assumed office
September 16, 2025
PresidentDonald Trump
Preceded byAdriana Kugler
32nd Chair of the Council of Economic Advisers
Assumed office
March 13, 2025
On leave: September 16, 2025 – present
PresidentDonald Trump
Preceded byJared Bernstein
Personal details
Born
Stephen Ira Miran

June 1983 (age 42)
Pearl River, New York, U.S.
Education
Scientific career
FieldsEconomics
Public policy
ThesisEssays on Household Saving Behavior and Fiscal Policy (2010)
Doctoral advisorMartin Feldstein

Stephen Ira Miran is an American economist and politician who has been a member of the Federal Reserve Board of Governors since 2025. He has also been the 32nd Chair of the Council of Economic Advisers since 2025. He is a senior strategist at Hudson Bay Capital Management.[1]

In December 2024, President-elect Donald Trump named Miran as his nominee for Chairman of the Council of Economic Advisers. He was confirmed by the U.S. Senate in March 2025.

Early life

Miran graduated from Boston University in 2005. He studied economics, philosophy, and mathematics. He received a PhD in economics from Harvard University in 2010. He was a student of Martin Feldstein.[2]

Career

Miran was an advisor of economic policy for the Department of the Treasury from 2020 to 2021.[3] Miran is a senior strategist at Hudson Bay Capital Management.[2] He was a co-founder of the asset management firm Amberwave Partners. He was also an adjunct fellow at the Manhattan Institute.

Chair of the Council of Economic Advisers

On December 22, 2024, President-elect Donald Trump picked Miran as his nominee for chairman of the Council of Economic Advisers.[4] He was confirmed by the Senate for the office on March 12, 2025.[5] He was confirmed in a 53-46 vote.

Federal Reserve Board of Governors

On August 7, 2025, Trump named Miran as his nominee to replace Adriana Kugler as a member of the Federal Reserve Board of Governors.[6] On September 15, he was confirmed by the Senate in a 48–47 vote and was sworn-in the next day.[7]

References

  1. Miran, Stephen; Katz, Dan (May 26, 2023). "Don't break the Treasury market while trying to save it". Financial Times. Retrieved December 22, 2024.
  2. 2.0 2.1 Friedman, Lisa (December 22, 2024). "Trump Picks a Former Treasury Official as His Top Economist". The New York Times. Retrieved December 22, 2024.
  3. Barbuscia, Davide (July 26, 2024). "Hedge fund study on U.S. Treasury issuance fuels debate". Reuters. Retrieved December 22, 2024.
  4. "Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers". Reuters. December 22, 2024. Retrieved December 22, 2024.
  5. "Trump taps ex-Treasury official Miran as chair of Council of Economic Advisers". Reuters. December 22, 2024. Retrieved December 22, 2024.
  6. "Trump to nominate top economic aide Stephen Miran to Federal Reserve board". AP News. Retrieved August 13, 2025.
  7. "Senate Confirms Stephen Miran as Fed Governor". The New York Times. September 15, 2025. Retrieved September 17, 2025.