Trump Nominates Pro-Crypto Economist Stephen Miran to Federal Reserve Board

President Donald Trump has selected Stephen Miran, a cryptocurrency advocate and current Chairman of the Council of Economic Advisers, for a seat on the Federal Reserve's board of governors. The nomination, confirmed by the White House, signals a potential shift toward blockchain-friendly policies in U.S. monetary governance.

Miran's appointment contrasts sharply with the Biden administration's cautious approach to digital assets. His past remarks suggest cryptocurrencies could drive innovation and economic growth—a stance aligned with Trump's recent pro-crypto rhetoric. Market analysts view the MOVE as indicative of deeper blockchain integration in Trump's second-term agenda.

The Federal Reserve role would position Miran to influence monetary policy at a time when institutional crypto adoption is accelerating globally. His nomination requires Senate confirmation and would extend through January 2026.