Federal Reserve Board member Miran resigns, effective upon successor
Stephen I. Miran submitted his resignation as a member of the Federal Reserve Board on Thursday, May 14, 2026, according to a Federal Reserve press release. The resignation is effective when or shortly before his successor on the Board is sworn in. Miran had served on the Board since September 16, 2025, when he took office to fill an unexpired term that ended January 31, 2026. The single-source article, which cannot be independently verified, provides no information on who might succeed Miran or when a nomination might occur.
What’s reported
Stephen I. Miran submitted his resignation on Thursday, May 14, 2026.
The resignation is effective when or shortly before his successor on the Federal Reserve Board is sworn in.
Miran became a Board member on September 16, 2025, filling an unexpired term ending January 31, 2026.
Before joining the Board, 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, he was 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.
Miran holds a B.A. in economics, philosophy, and mathematics from Boston University and a Ph.D. in economics from Harvard University.
Key figures
Stephen I. Miran, resigned member of the Federal Reserve Board; former chairman of the Council of Economic Advisers; former senior strategist at Hudson Bay Capital Management; former senior fellow at the Manhattan Institute for Policy Research; former senior adviser for economic policy at the U.S. Department of the Treasury.
Sources: federalreserve.gov
