logo

Trump Announces Nomination of "Pro-Crypto" Official Stephen Miran as Federal Reserve Board Governor

By: theblockbeats.news|2025/08/08 08:22:06
0
Share
copy

BlockBeats News, August 8th, U.S. President Trump announced: "I have selected current Chairman of the Council of Economic Advisers Stephen Miran to fill the recently vacated seat on the Federal Reserve Board, with a term until January 31, 2026. At the same time, we will continue to look for a long-term replacement for the Federal Reserve position. Stephen holds a Ph.D. in Economics from Harvard University and has performed admirably in my first administration. He has been with me since the beginning of my second term, and his expertise in the field of economics is unparalleled—he will do an outstanding job. Congratulations, Stephen."

Reportedly, Stephen Ira Miran is an American economist, currently serving as the Chairman of the White House Council of Economic Advisers (since March 2025). He graduated from Boston University (2005, majoring in Economics, Philosophy, and Mathematics) and obtained a Ph.D. in Economics from Harvard University (2010, advised by Martin Feldstein). Miran served as a Senior Economic Policy Advisor at the U.S. Treasury Department from 2020 to 2021, contributing to fiscal support efforts during the pandemic, such as the Paycheck Protection Program in the CARES Act. He is currently a Senior Strategist at Hudson Bay Capital Management, a co-founder of the asset management firm Amberwave Partners, and a part-time researcher at the Manhattan Institute. Miran supports Trump's economic protectionist policies, advocating for the use of tariffs to reduce trade deficits and drive a revaluation of the U.S. dollar against other currencies.

Public information indicates that during his tenure as Chairman of the White House Council of Economic Advisers, he has been a vocal supporter of the Trump administration's crypto-friendly policies. He believes that cryptocurrency has the potential to stimulate economic growth, drive financial innovation, and combat inflation, especially in the context of the Trump economic agenda.

-- Price

--

You may also like

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments

By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...

Who will own the most Bitcoin in 2026

In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

The encryption czar has left, and Trump has muted.

Untitled

I’m unable to access the original article content you referenced. Please provide specific details or another article so…

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.

Popular coins

Latest Crypto News

00:42

Data: The current 8-hour average funding rate for BTC across the network is 0.0014%

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0014%. Among the current mainstream exchanges, the rate on Binance is 0.0027%, OKX is 0.0036%, Bybit is 0.0018%, and Gate is 0.0007%.
00:42

Data: The net supply of Ethereum has increased by 81,790.88 coins in the past 30 days

According to data from Ultrasound.money, the net supply of Ethereum has increased by 81,790.88 coins in the past 30 days, bringing the total supply of Ethereum to 121,570,566 ETH, with a current supply growth rate of 0.82% per year.
00:42

Data: 300 BTC transferred from an anonymous address, flowing into Binance after a relay

According to Arkham data, at 00:23, 300 BTC (worth approximately $19.923 million) were transferred from one anonymous address (starting with 3FoAYkC...) to another anonymous address (starting with 1BXaYQX...). Subsequently, the address transferred a portion of the BTC (8.51 BTC) to Binance.
23:42

Data: 473.5 BTC transferred from an anonymous address, flowing into Crypto.com after a transfer

According to Arkham data, at 22:37, 473.5 BTC (worth approximately 31.48 million USD) was transferred from one anonymous address (starting with bc1qpmx5p...) to another anonymous address (starting with 35ej5UrV...). Subsequently, the address transferred a portion of the BTC (0.01503 BTC) to Crypto.c...
23:42

Polls show that Trump's disapproval rating has risen to 59%, a record high during his term

According to a report by Xinhua News Agency, the latest poll results released by Fox News Channel show that about 59% of surveyed American voters are dissatisfied with President Trump's administration, an increase of 8 percentage points from a year ago, reaching a new high during his term; the satis...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com