"For a man who has been thrust into the political spotlight as President Trump's appointee to the Fed Board of Governors, relatively little is known about Stephen Miran. Back in May, when Fortune profiled President Trump's then newly confirmed head of the Council of Economic Advisers, he spoke candidly about his formative years and economic training, but it was hard to find many peers who had even heard of him. Heads of the CEA are typically either prestigious names drawn from top universities (Ben Bernanke,"
"Jason Furman, Austan Goolsbee) or longtime Washington operatives, or both. Despite a brief stint at the Department of the Treasury during Trump's first term, Miran-who'd previously worked as an economist on Wall Street-checked neither box. In fact, many sources I spoke to for that story didn't even know how to correctly pronounce his name (it's MY-run not MIR-an). But it's hard to escape his name"
Stephen Miran was relatively unknown before his appointment to the Federal Reserve Board of Governors. He previously worked as a Wall Street economist and held a brief stint at the Department of the Treasury during Trump's first term. His nomination by President Trump provoked criticism that the presidency was politicizing an independent central bank. At his first Federal Reserve meeting Miran voted as an outlier for a 50-basis-point rate reduction, twice the 25 basis points supported by the committee majority. Beginning in spring 2023 Miran became a pundit at City Journal, authoring more than thirty pieces on topics from trade policy to personal investing, many republished in major financial outlets.
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