PANews August 8 news, according to The Block report, U.S. President Trump has nominated pro-cryptocurrency economist Stephen Miran to serve on the Federal Reserve Board. Miran currently serves as the chairman of the Economic Advisory Council and has proposed simplifying cryptocurrency regulation. Previously, this board seat was held by Adriana Kugler, who announced her resignation last week; Miran will fill this vacancy, with a term ending on January 31, 2026. Additionally, Miran was a senior strategist at investment firm Hudson Bay and has also worked at the U.S. Treasury and Fidelity Investments. It is worth mentioning that Trump has publicly clashed with Federal Reserve Chairman Powell over interest rates in recent weeks, and Miran has also criticized Powell.
