Stephen Miran resigns from the White House, keeping his seat at the Fed
Source: CNN Business
Updated Feb 3, 2026, 7:58 PM ET
PUBLISHED Feb 3, 2026, 6:55 PM ET
Washington Stephen Miran, one of President Donald Trumps top economists, on Tuesday resigned from his leadership role at the White Houses Council of Economic Advisers as his term as a Federal Reserve Governor continues, according to a letter obtained by CNN.
His departure was first reported by Barrons.
Miran was confirmed by the Senate to serve at the Fed while keeping his role at the White House through an unpaid leave, an unusual arrangement. In his letter dated Tuesday, Miran wrote that he had promised senators he would leave the White House should he remain at the Fed past January.
As a member of the CEA, his brilliant insights and powerful advocacy on behalf of the President made him an enormous asset for the White House, and he established himself as a key member of the Trump administrations economic team, White House spokesperson Kush Desai said in a statement. Technically, Mirans term expired on January 31, as he was serving out the remaining months for a governor who resigned last year.
Read more: https://www.cnn.com/2026/02/03/business/stephen-miran-resigns-white-house
rampartd
(4,140 posts)i needed a little refrsher.....
https://www.npr.org/2025/09/15/nx-s1-5542126/stephen-miran-fed-reserve-board
this matter of fed independence is the "investiture" issue of our time. trump is here appointing "bishops," and he will appoint the next fed chair.
i might be better to have no fed chair at all than one beholden to trump. DO NOT CONFIRM .
SergeStorms
(20,184 posts)when I saw the article's header, "Stephen Mi....... resigns from White House"....... then I realized it wasn't Stephen Miller, but Stephen Miran. Imagine my disappointment. 😞