What’s True
President Trump has nominated Dr. Stephen Ira Miran, the Chair of the White House Council of Economic Advisers, to fill a temporary vacancy on the Federal Reserve Board of Governors. His prospective term would end January 31, 2026.
The vacancy arose due to the unexpected resignation of Fed Governor Adriana Kugler, a Biden appointee.
The nomination must still be confirmed by the Senate.
Miran is indeed serving now as Chairman of the White House Council of Economic Advisers, a role confirmed in March 2025.
His background includes roles as a senior strategist at Hudson Bay Capital Management and co-founder of Amberwave Partners, plus a Ph.D. in economics from Harvard (2010).
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What’s Not Supported or Speculative
There’s no credible reporting that Miran has been confirmed or officially seated on the Fed Board, only that he has been nominated for a temporary term.
The claims that he “has unparalleled expertise” or “was involved in the Paycheck Protection Program under the CARES Act” likely come from promotional summaries, not from independent reporting.
No sources mention that Melo or others have co-founded “Amberwave Partners” (though Wikipedia notes he co-founded Amberwave Partners) but no confirmation about a role during the pandemic or CEA involvement at that time.
There is zero mention in any reputable source about him supporting cryptocurrencies. That appears to be unsupported speculation.
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Summary
Yes, Trump has nominated Stephen Miran to the Federal Reserve Board in a temporary appointment through January 31, 2026—but pending Senate confirmation.
The rest of the details you provided—particularly about his CEA tenure, educational background, and views on tariffs and monetary policy—are largely accurate based on prior reporting, though some claims (like cryptocurrency advocacy or specific infrastructure roles) are not found in any credible source.
