🇺🇸 Trump Moves to Fill Key US Fed Seat

Donald Trump has announced Stephen Miran, current Chair of the Council of Economic Advisors, as his pick to temporarily replace Federal Reserve Governor Adriana Kugler, who resigned on Aug. 1.

📅 Term: Until Jan. 31, 2026 (pending Senate approval)

📊 Impact: New Fed board members play a major role in setting US interest rates — a decision that can ripple across stocks, bonds, and crypto markets.

💡 Context:

Trump considered other candidates, including ex-Fed governor Kevin Warsh (pro-blockchain) and economic adviser Kevin Hassett (Coinbase investor).

This move comes amid Trump’s public clashes with Fed Chair Jerome Powell over rate policy.

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