MNI BRIEF: Trump Names Miran To Fill Kugler's Fed Board Seat

President Donald Trump said Thursday he would name the chair of his Council of Economic Advisers, Stephen Miran, to the Fed board seat vacated by Governor Adriana Kugler last week.

"It is my Great Honor to announce that I have chosen Dr. Stephen Miran, current Chairman of the Council of Economic Advisors, to serve in the just vacated seat on the Federal Reserve Board until January 31, 2026," Trump said on his social media site.

"In the meantime, we will continue to search for a permanent replacement. Stephen has a Ph.D. in Economics from Harvard University, and served with distinction in my First Administration. He has been with me from the beginning of my Second Term, and his expertise in the World of Economics is unparalleled — He will do an outstanding job. Congratulations Stephen!"

Miran's nomination requires Senate confirmation. The CEA chair recently told MNI a flurry of trade deals was imminent and economic growth would pick up to 3% in the second half of the year. (See MNI INTERVIEW: Miran Sees Flurry Of Trade Deals, 3% H2 GDP)