Trump’s Fed Pick Is a Dove. How Miran Could Move the Market. Wall Street shrugged at President Donald Trump’s plan to nominate his economic adviser, Stephen Miran, to the Federal Reserve.

Miran has emerged as a vocal defender of Trump's economic agenda, particularly the 2025 tax cuts and the broad tariff regime.

Miran has been a major defender of Trump’s income tax cuts and tariff hikes. He also has played down the risk of Trump’s tariffs generating higher inflation.