President-elect Donald Trump is nominating Stephen Miran to lead his Council of Economic Advisers, enlisting a former Treasury official who served in Washington during his first administration.
“Steve will work with the rest of my economic team to deliver a great economic boom that lifts up all Americans,” Trump said in a statement Sunday on his Truth Social platform.
As the top White House economist, Miran will advise the incoming president on economic policy and be a prominent face for selling those decisions to the public. Miran, whose post requires Senate confirmation, was a senior economic policy adviser at the Treasury Department during Trump’s first term.
Trump has vowed to renew expiring tax cuts and expand or offer new breaks or credits, in part to ease high prices faced by U.S. households. He has threatened sweeping tariffs on foreign trading partners, arguing it will spur companies to return manufacturing to the U.S.
The president-elect has dismissed criticism from most economists that his agenda, including promises to deport millions of undocumented immigrants, risks raising prices for consumers and expanding the U.S. national debt.
Economic concerns and inflation consistently ranked as top concerns for voters ahead of the Nov. 5 election in which Trump won a second term and Republicans gained control of both chamber of Congress.
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