Miran Leaves White House Post to Keep Fed Seat

Federal Reserve board member Stephen Miran has resigned as chair of the White House Council of Economic Advisers to continue serving at the Fed. His CEA tenure ended in January, but he can remain on the board indefinitely until a replacement is named. Miran, a leading advocate for the Trump administration’s trade agenda, was on unpaid leave from the CEA while at the Fed; Democrats on the Senate Banking Committee had urged him to resign from the Fed now that his term expired.