Stephen Miran Steps Down from Influential Economic Role

Federal Reserve Governor Stephen Miran resigned from his role as chair of the White House's Council of Economic Advisers. His resignation was first reported by Barron's. Miran had been on leave from the CEA since his appointment last year to the Fed's Board of Governors by President Trump.

In a surprising move, Federal Reserve Governor Stephen Miran stepped down from his influential role as chair of the White House's Council of Economic Advisers on Tuesday, as confirmed by a White House spokesperson.

The news of Miran's resignation was initially shared by the financial publication Barron's, highlighting a significant shift in economic leadership.

Miran, who was on leave from his position at the CEA, had been appointed last year by President Donald Trump to fill a sudden vacancy on the Federal Reserve's Board of Governors, a post he has now resigned from.

(With inputs from agencies.)