Stephen Miran Approved as Chair of the Council of Economic Advisers

Miran is the only individual President Donald Trump has tapped for the council.

As the stock market continues to fall each day, the U.S. Senate confirmed the latest member of President Donald Trump’s economic team. These individuals are tasked with trying to make sense of the erratic and unpredictable strategy that sees the United States feuding with our closest trade partners Canada and Mexico.

In a 53-46 vote, Stephen Miran was confirmed as Chair of the Council of Economic Advisers. The position has been vacant since January 2025, when Jared Bernstein resigned after serving since July 2023.

All 53 Republicans approved Miran’s nomination. 44 Democrats and 2 Independents voted in opposition. Senator Tammy Duckworth (D-IL) did not vote.

Miran was nominated to this position by Trump in December 2024. He is currently a senior strategist at Hudson Bay Capital Management and a fellow in economics at the Manhattan Institute. From April 2020 to January 2021, he served as Senior Advisor of Economic Policy to Treasury Secretary Steven Mnuchin.

Miran’s economic career began as a senior analyst at Lily Pond Capital Management from 2010 to 2012. He then worked as a macro analyst at Fidelity Investments from 2012 to 2014 and as a portfolio manager at Sovarnum Capital from 2014 to 2020. After leaving the federal government, he co-founded Amberwave Partners in October 2021. He left that role in January 2024.

Miran is currently the only person Trump has tapped to serve on the Council of Economic Advisors during his second term in office. Notably, the Chair is the only position on the council that requires Senate confirmation.