Fed’s Stephen Miran resigns from White House post
Federal Reserve Board Governor Stephen Miran speaks on “Regulations, the Supply Side, and Monetary Policy” during the Delphi Economic Forum Lecture event, at the National Gallery in Athens, Greece, January 14, 2026.
Louisa Gouliamaki | Reuters
Federal Reserve Governor Stephen Miran has resigned as chair of the Council of Economic Advisers, confirmed by CNBC.
Miran joined the Council of Economic Advisers in January 2025 and took leave in September 2025 to become a member of the Federal Reserve Board of Governors.
He was appointed in September to complete the term of former Governor Adriana Kugler and had planned to return to his CEA post after the term ended in January.
During his time at the Fed, Miran advocated for aggressive interest rate cuts, voting against rate decisions at Federal Open Market Committee meetings.
Most recently, he opposed the decision to maintain rates at the January meeting, advocating for a quarter-point reduction.
In a recent interview on CNBC’s “Money Movers,” Miran mentioned that his board seat would be vacant for Kevin Warsh, Trump’s nominee for Fed chair.
Barron’s initially reported Miran’s decision to resign from the CEA.
Stay tuned for more updates on this developing story.
