Summary
Stephen Miran, nominated by President Donald Trump to the Federal Reserve Board, stated that he would stay as a White House employee even if the Senate approves his nomination. He plans to take an unpaid leave from his role as chairman of the White House Council of Economic Advisers during this time.
Key Facts
- Stephen Miran is nominated by President Trump for the Federal Reserve Board.
- He will remain a White House employee even if confirmed by the Senate.
- Miran would take unpaid leave from his current role at the White House.
- His term at the Federal Reserve, if confirmed, would expire in January.
- Miran stated he would resign from the administration only if he gets a longer-term nomination at the Federal Reserve.
