Stephen Miran Resigns from White House Council of Economic Advisers — What It Means for Crypto’s Future
Another high-level resignation shakes Washington's economic corridors — and crypto markets are watching closely.
Policy Whirlwind
Miran's departure from the White House Council of Economic Advisers signals potential turbulence ahead for digital asset regulation. The move follows a pattern of Biden administration officials exiting as election-year pressures mount — leaving crypto's regulatory fate dangling in political winds.
Power Vacuum Dynamics
When economic advisors step down, policy gaps emerge. For crypto, that means either accelerated clarity or prolonged ambiguity. Treasury's digital asset framework loses another potential ally just as institutional adoption hits critical mass — timing that couldn't be more inconvenient for firms navigating compliance minefields.
Market Calculus
Traders typically price political instability within 72 hours. But this resignation carries extra weight — Miran understood blockchain's economic potential better than most in his circle. His exit creates space for more traditional voices to dominate the administration's final crypto stance before 2028.
Washington's revolving door keeps spinning — while the rest of us wonder if anyone actually knows how to regulate a technology that bypasses their entire system. Another day, another resignation, another reason to keep your keys off exchanges.
Miran plays a crucial role in Trump’s administration
Concerning his decision to resign, Miran expressed his belief that it is important for him to fulfill his pledge while he focuses on executing his duties at the Federal Reserve. According to him, he submitted his resignation with a heavy yet proud heart. Meanwhile, sources revealed that the WHITE House initially announced his departure.
This was after White House spokesman Kush Desai shared a statement to the public alleging that, “Following his commitment made to the Senate during his confirmation for the Federal Reserve’s Board of Governors, Stephen Miran has resigned from the Council of Economic Advisers.”
Afterwards, he made remarks regarding Miran’s time in office. Desai acknowledged that the Federal Reserve official’s insightful contributions and dedicated support for TRUMP made him an invaluable asset to the White House. Apart from this finding, the spokesperson also noted that Miran played a key role in the Trump administration’s economic team.
Meanwhile, it is worth noting that Miran’s resignation comes as the US president is actively reshaping the Federal Reserve. While this was taking place, reports dated Friday, January 30, stated that Trump appointed Kevin Warsh, a Financier and former Member of the Federal Reserve Board of Governors of the United States, as Federal Reserve Chair Jerome Powell’s successor during an ongoing criminal investigation.
Thom Tillis calls on the Trump administration to resolve Powell’s criminal scrutiny
As of January 11 this year, Powell publicly stated that the Justice Department had initiated a criminal investigation into his testimony before Congress concerning the central bank’s two historic primary buildings renovations on Washington, D.C.’s National Mall.
In the meantime, sources warned that Warsh’s appointment to chair the prominent monetary authority faces potential setbacks amid opposition from Republican members concerning Powell’s investigation.
On the other hand, Thom Tillis, the senior United States senator from North Carolina, claimed that he will hold up any Fed board nominations until the criminal investigation into Powell is resolved. Tillis’s position on the Senate Banking Committee makes his stance particularly significant.
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