Federal Reserve Board — official bio, Governor Stephen I. Miran confirms Treasury 2020–21 senior-advisor role, Harvar...

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Jerome H. Powell, ChairPhilip N. Jefferson, Vice ChairMichelle W. Bowman, Vice Chair for SupervisionMichael S. BarrLisa D. CookStephen I. MiranChristopher J. WallerBoard of Governors Members, 1914-Present

Stephen I. Miran

Recent Speeches

Prospects for Shrinking the Fed’s Balance Sheet

Regulations, the Supply Side, and Monetary Policy

The Inflation Outlook

Regulatory Dominance of the Federal Reserve’s Balance Sheet

A Global Stablecoin Glut: Implications for Monetary Policy

Stephen I. Miran took office as a member of the Board of Governors of the Federal Reserve System on September 16, 2025, to fill an unexpired term ending January 31, 2026.

Prior to his appointment to the Board, Dr. Miran served as chairman of the Council of Economic Advisers under President Donald J. Trump. He previously worked as a senior strategist at Hudson Bay Capital Management and a senior fellow at the Manhattan Institute for Policy Research.

From 2020 to 2021, Dr. Miran served as senior adviser for economic policy at the U.S. Department of the Treasury. He worked in financial markets for a decade before joining the Treasury.

Dr. Miran received a BA in economics, philosophy, and mathematics from Boston University. He earned a PhD in economics from Harvard University.

Last Update:

September 24, 2025

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