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Trump Pick’s Plan to Return to White House After Fed Stint Draws Backlash - Hawaii Tribune-Herald

Stephen Miran will take unpaid leave as White House economic advisor during his brief Federal Reserve Board term, pledging to uphold the Fed's independence despite political pressures, Senate told.

Stephen Miran, President Donald Trump’s pick for an open spot at the Federal Reserve, faced backlash Thursday after revealing that he would only temporarily leave his position as a top economic adviser to Trump if he is confirmed as a Fed governor.

8 Articles

Stephen Miran, Donald Trump's nominee to be Federal Reserve governor, confirmed during a Senate hearing that he will not resign as head of the White House Council of Economic Advisers but will take an unpaid leave of absence for the duration of his short term at the Fed, raising fresh concerns about the central bank's independence.

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Bloomberg broke the news in United States on Thursday, September 4, 2025.
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