Stephen I. Miran submits his resignation as a member of the Federal Reserve Board

Summary

A Board of Governors of the Federal Reserve System press release dated May 14, 2026 says Stephen I. Miran submitted his resignation Thursday as a member of the Federal Reserve Board, effective when or shortly before his successor on the Board is sworn in. Miran has been a member of the Board since September 16, 2025, when he took office to fill an unexpired term ending January 31, 2026. Prior to the appointment, Dr. Miran served as chairman of the Council of Economic Advisers under President Donald J. Trump, and earlier worked as a senior strategist at Hudson Bay Capital Management. The release says a copy of the resignation letter is attached.

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Board of Governors of the Federal Reserve System

Press Release

May 14, 2026

Stephen I. Miran submits his resignation as a member of the Federal Reserve Board, effective when or shortly before his successor on the Board is sworn in

For release at 2:00 p.m. EDT

Stephen I. Miran submitted his resignation Thursday as a member of the Federal Reserve Board, effective when or shortly before his successor on the Board is sworn in. He has been a member of the Board since September 16, 2025, when he took office 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 B.A. in economics, philosophy, and mathematics from Boston University. He earned a Ph.D. in economics from Harvard University.

A copy of his resignation letter is attached.

For media inquiries, please email [email protected] or call 202-452-2955.

Last Update: May 14, 2026

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