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Council Of Economic Advisers

All articles tagged with #council of economic advisers

politics2 months ago•454 min saved

Miran resigns from White House but remains a Fed governor as Warsh eyes the chair

Stephen Miran, a top Trump economist, resigned from the White House's Council of Economic Advisers but will continue as a Federal Reserve governor on unpaid leave; his Fed term runs through January, with Warsh eyed to be Fed chair when Powell’s term ends, signaling a push for lower rates. Miran had advocated faster cuts and dissented at meetings, while Powell faces a federal probe into testimony about the Fed’s headquarters, underscoring ongoing tensions over U.S. monetary policy.

via cnn.com|

#council-of-economic-advisers #federal-reserve #interest-rates

politics2 months ago•4 min saved

Miran Leaves White House Post to Keep Fed Seat

Federal Reserve board member Stephen Miran has resigned as chair of the White House Council of Economic Advisers to continue serving at the Fed. His CEA tenure ended in January, but he can remain on the board indefinitely until a replacement is named. Miran, a leading advocate for the Trump administration’s trade agenda, was on unpaid leave from the CEA while at the Fed; Democrats on the Senate Banking Committee had urged him to resign from the Fed now that his term expired.

via Politico|

#council-of-economic-advisers #federal-reserve #miran

business2 months ago•1 min saved

Miran exits CEA chair as Fed tenure winds down

Federal Reserve Governor Stephen Miran has resigned as chair of the Council of Economic Advisers, a White House post he briefly held after joining the CEA in January 2025 and taking leave in September 2025 to join the Fed Board; his Fed term expired on January 31. At the Fed he pushed for aggressive rate cuts and voted against holds, advocating larger reductions than the 0.25% moves the Fed delivered. In a CNBC interview, he noted his vacancy could clear the way for Kevin Warsh’s nomination as Fed chair. Elizabeth Warren criticized the timing, and Barron’s was the first to report the departure while CNBC sought comment.

via CNBC|

#business #council-of-economic-advisers #federal-reserve

politics2 months ago•2 min saved

Trump names BLS veteran to head the statistics agency

President Trump said he intends to nominate Brett Matsumoto, a former BLS economist now with the White House Council of Economic Advisers, to run the Bureau of Labor Statistics, replacing Erika McEntarfer. Matsumoto has a decade-long background in price index measurement at the BLS and previously served at the CEA; the nomination follows controversy over a prior pick. The BLS is a nonpartisan data agency, and the move comes as payroll data revisions for 2025 are expected to show slower job growth.

via Axios|

#brett-matsumoto #bureau-of-labor-statistics #council-of-economic-advisers

politics2 years ago•2 min saved

Senate Confirms Biden's Chief Economist After Manchin Drama.

Jared Bernstein has been confirmed as the White House's chief economist by the Senate Democrats in a 50-49 vote, despite opposition from Sen. Joe Manchin and Republicans. Bernstein, a long-time confidant of President Joe Biden, will chair the Council of Economic Advisers at a pivotal moment for the economy. Republicans have criticized Bernstein for his role in advancing Biden-backed spending bills that pumped fiscal stimulus into the economy as inflation took root. Bernstein's background as a labor market specialist focused on income inequality shaped White House policies designed to bring manufacturing onshore.

via POLITICO|

#biden-administration #council-of-economic-advisers #jared-bernstein