Miran has been a major defender of Trump’s income tax cuts and tariff hikes, arguing they will generate enough economic growth to reduce budget deficits. He also has played down the risk of Trump’s tariffs generating higher inflation, a major source of concern for Powell.
Trump to nominate top economic aide Stephen Miran to Federal Reserve board
Miran has been a major defender of Trump’s income tax cuts and tariff hikes. He also has played down the risk of Trump’s tariffs generating higher inflation.