Federal Reserve Board Member Stephen I. Miran Resigns
8 reported
Stephen I. Miran submitted his resignation as a member of the Federal Reserve Board on Thursday, May 14, 2026, according to a press release from the Federal Reserve. His resignation is effective when or shortly before his successor on the Board is sworn in. Miran had 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, he served as chairman of the Council of Economic Advisers under President Donald J. Trump. His career also includes roles as a senior strategist at Hudson Bay Capital Management and a senior fellow at the Manhattan Institute for Policy Research, as well as senior adviser for economic policy at the U.S. Department of the Treasury from 2020 to 2021. Miran holds a B.A. in economics, philosophy, and mathematics from Boston University and a Ph.D. in economics from Harvard University. The Federal Reserve release noted that a copy of his resignation letter is attached.
What’s reported
Stephen I. Miran submitted his resignation as a member of the Federal Reserve Board on Thursday, May 14, 2026.
The resignation is effective when or shortly before his successor on the Board is sworn in.
Miran served on the Board since September 16, 2025, filling an unexpired term ending January 31, 2026.
Prior to the Board, he was 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. from Boston University and a Ph.D. in economics from Harvard University.
Key figures
Stephen I. Miran, member of the Federal Reserve Board
President Donald J. Trump (mentioned as the president under whom Miran served as CEA chairman)
Sources: federalreserve.gov
