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Politics

Trump’s Fed nominee says he’d hold White Home job even when confirmed

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Last updated: September 4, 2025 4:41 pm
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Trump’s Fed nominee says he’d hold White Home job even when confirmed
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By JOSH BOAK, Related Press

WASHINGTON (AP) — Stephen Miran, President Donald Trump’s choose to hitch the Federal Reserve board, mentioned Thursday that he would stay a White Home worker even when the Senate confirms him to fill an unexpired time period as a governor for the central financial institution.

Miran, who was nominated to fill a time period set to run out in January, made the disclosure at his affirmation listening to earlier than the Senate Banking, Housing and City Affairs Committee.

He mentioned he would as an alternative take an “unpaid depart of absence” as chairman of the White Home Council of Financial Advisers on the recommendation of his attorneys and would solely resign from the administration if he have been nominated for a long run on the Fed.

Initially Revealed: September 4, 2025 at 9:04 AM PDT

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