Federal Reserve Governor Stephen Miran has resigned from his position as chair of the White House's Council of Economic Advisers (CEA), a move that has sparked significant political and economic discussion. According to The Frontier Post, Miran's dual role was controversial, with Democratic Senators criticizing it as making him a 'presidential puppet.' His term at the Fed ended on January 31, but he can remain until a replacement is confirmed by the Senate. Bloomberg Podcasts highlighted that Miran took unpaid leave from the CEA when he joined the Fed, suggesting he might return to the CEA after his Fed tenure. This arrangement was unprecedented and drew criticism for potentially undermining the Fed's credibility.
ECONOMY
Stephen Miran Resigns from White House Economic Advisers Role

Fed Governor Miran resigns amid controversy; Trump nominates Warsh as Fed Chair, citing interest rate cuts. Economic policy shifts loom with regulatory and leadership changes in the U.S.
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