President Donald Trump has announced his nomination of Stephen Miran, the current Chairman of the Council of Economic Advisers (CEA), to serve as a governor on the Federal Reserve Board. Miran is expected to fill the vacancy left by Fed Governor Adriana Kugler, who recently stepped down approximately six months before her term was set to expire. The appointment is for a short-term period, with Miran's term running through January 2026, the original expiration date of Kugler's seat. Trump indicated that he will continue to search for a permanent appointee to the Federal Reserve Board. The nomination requires confirmation by the Senate. Miran, a Harvard-trained economist and a known advocate of Trump's economic policies, has been critical of the Federal Reserve's previous decisions, including rate cuts last year. The White House has been preparing for this nomination, and the move has been widely reported by major news outlets including Bloomberg, Reuters, and The Wall Street Journal.