Trump names chair of White House economic council as Federal Reserve governor

If approved by the Senate, Stephen Miran will fill seat vacated by Adriana Kugler, a Biden appointee

Donald Trump said Thursday he will nominate a top economic adviser to the Federal Reserve's board of governors for four months, temporarily filling a vacancy while continuing his search for a longer-term appointment.

Trump said he has named Stephen Miran, the chair of the White House's council of economic advisers, to fill a seat vacated by Adriana Kugler, a Biden appointee who is stepping down Friday as governor. Miran, if approved by the Senate, will serve until 31 January 2026.