Federal Reserve Board member Milan stated that he would be willing to stay if invited

2026-02-11 22:55:54

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Investing.com – Federal Reserve Board Member Stephen Miran said on Wednesday that he would be “very happy” to serve long-term if invited, but he noted that the decision does not depend on him.

Miran currently holds a seat with an expired term, making it the only Federal Reserve Board seat that President Donald Trump could have nominated Kevin Warsh to serve as Fed Chair.

This situation could change if Fed Chair Jerome Powell resigns when his leadership term ends in mid-May. Powell has not indicated his plans.

“How things will unfold later this year will depend on various factors; it depends on whether there is a vacancy, on the choices made by the President, and on the decisions of the Senate,” Miran said in an interview with Fox Business’ Larry Kudlow.

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