Business

Miran, set to continue as Federal Reserve governor until Jerome Powell successor is confirmed, to leave CEA post Federal Reserve governor Stephen Miran has resigned from his position as chair of the White House’s council of economic advisers, fulfilling a pledge he made to the Senate as his assignment at the central bank becomes longer-lasting.Miran had been on unpaid leave from his CEA post since Donald Trump appointed him last year to fill an unexpected vacancy on the Fed’s board of governors to a term that expired on 31 January. The arrangement drew the ire of Democratic senators, who said it would make a presidential puppet of the Fed’s newest policymaker. Continue reading… More