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Council of Economic Advisors chair tapped for temporary US Fed seat

( August 7, 2025, 21:26 GMT | Official Statement) -- MLex summary: In a posting on his Truth Social social media website, US President Donald Trump said he has chosen Stephen Miran, chair of the Council of Economic Advisors, to fill the vacant US Federal Reserve seat until Jan. 31, 2026. In the meantime, Trump said he will continue searching for a permanent replacement to Adriana Kugler, a Biden appointee who recently announced her retirement. Kugler's term was set to expire Jan. 31, 2026. Miran will be subject to confirmation by the Republican-controlled Senate.Full social media post follows:...

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