Trump Shakes Up Fed: CEA Chair Stephen Miran Nominated for Board Seat

The political chessboard just got a new pawn—or maybe a queen. Former President Trump has thrown Stephen Miran, current chair of the Council of Economic Advisers (CEA), into the ring for a Federal Reserve board seat. Because nothing says 'stable monetary policy' like a last-minute political appointment.

Miran—a known quantity in DC circles—now faces the ultimate test: navigating the Fed's hawkish turn while keeping inflation (and his career) from imploding. Will he pivot to dovish whispers or double down on fiscal restraint? The markets are watching—and so are the crypto traders ready to bet against whatever he decides.

Here's the kicker: the Fed's already juggling rate cuts, quantitative tightening, and a recession that may or may not exist. Adding Miran to the mix? Either a masterstroke or a grenade with the pin pulled. Place your bets, folks.