Donald Trump Taps Pro-Crypto Economist Stephen Miran for Federal Reserve Role

The White House has confirmed that President Donald Trump plans to nominate Stephen Miran to the Federal Reserve’s board of governors - a move that could bring cryptocurrency-friendly thinking into one of the most influential economic policy seats in the United States.

Miran, who currently chairs the Council of Economic Advisers, previously served in the same role under Trump’s leadership, shaping both domestic and international economic strategy. His potential appointment, first reported by Bloomberg, is viewed by market watchers as another indication that Trump’s second term could lean heavily toward integrating blockchain and digital asset technologies into the broader U.S. economy.

A Clear Contrast With Biden-Era Policy

Unlike the prior administration’s cautious and often critical stance toward the crypto sector, Trump has signaled an openness to fostering innovation in the space. Miran has echoed that sentiment in past remarks, suggesting that cryptocurrencies could “play a significant role in driving innovation and fueling economic growth” during a Trump presidency.

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Official Confirmation

Trump later confirmed his selection, stating:

“I am honored to announce that I have selected Dr. Stephen Miran, the current Chairman of the Council of Economic Advisers, to fill the vacant seat at the Federal Reserve until January 31, 2026. In the meantime, we will continue our search for a permanent replacement.”
With Miran’s track record and pro-digital asset stance, markets are watching closely to see whether his tenure could mark a shift toward more crypto-inclusive monetary policy at the Fed.