September 4, 2025
Fed nominee refuses to quit White House job in ethics violation
Miran keeps White House job despite ethics violations
🏛️Government🤖AI Governance💰Economy
Trump Fed nominee Stephen Miran told senators September 4, 2025, he will take unpaid leave from White House Council of Economic Advisers rather than resign, creating unprecedented conflict between Fed independence and presidential loyalty.
Miran, nominated to fill Adriana Kugler's seat for just 4.5 months until January, sparked controversy when Senator Jack Reed called his "independence seriously compromised" for remaining technically a White House employee while serving on the Federal Reserve board.
Stephen Miran testified September 4, 2025, he will take unpaid leave from White House Council of Economic Advisers chair rather than resign if confirmed to Fed board
Senate Banking Committee confirmation hearing reveals Miran plans maintaining White House employment while serving Federal Reserve board of governors
Trump nominated Miran to fill remainder of 
Adriana Kugler term ending January 2026, creating short-term appointment with unprecedented conflicts
Kugler resigned August 2025 to return Georgetown University faculty, providing Trump immediate Fed appointment opportunity
Miran acknowledged receiving White House counsel advice that unpaid leave satisfies legal requirements despite obvious conflict of interest
Sen. Jack Reed called arrangement ridiculous as Miran would remain technically employee of president while serving independent Fed board
Elizabeth Warren warned Miran appears as Trump puppet who will do or say whatever Donald Trump wants rather than independent voice
Fed governors traditionally resign all outside positions to avoid conflicts affecting monetary policy independence and market credibility
🏛️Government🤖AI Governance💰Economy
People, bills, and sources
Stephen Miran
Trump Fed Board Nominee and White House Council of Economic Advisers Chair
Elizabeth Warren
Senate Banking Committee Ranking Democrat
Jack Reed
U.S. Senator (D-RI)
Jerome Powell
Federal Reserve Chair
Adriana Kugler
Former Fed Governor
What You Can Do
1
Contact Senate Banking Committee at 202-224-7391 demanding rejection of Miran nomination due to unprecedented White House employment conflicts
2
Call your senators at 202-224-3121 opposing confirmation of Fed nominees who refuse to resign from executive branch positions
3
Support Fed independence legislation requiring complete divestment from all government positions before central bank service
4
Join Economic Policy Institute advocacy at epi.org defending monetary policy independence from presidential political pressure
5
Monitor Senate Banking Committee vote count at senate.gov tracking which senators enable Trump Fed capture through Miran confirmation
6
File ethics complaints with Office of Government Ethics regarding dual employment violating Fed independence principles and market stability