Osborne Ink

Osborne Ink

Stephen Miran Riding High On Record Tariff Revenue

Trump appoints his favorite economist to Fed board of governors

Aug 08, 2025
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President Donald Trump has appointed the architect of his tariff policy to the Federal Reserve board of governors, replacing Adriana Kugler, who unexpectedly stepped down last week. Stephen Miran is a critic of Fed chairman Jerome Powell, who has refused to cut interest rates for fear of incoming inflation.

“Miran has been effusive in his praise for Pres…

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