Staff Reports
In a bold move echoing his earlier term, President-elect Donald Trump has tapped Stephen Miran, a former Treasury official, to lead his Council of Economic Advisers. With Miran at the helm, the Trump administration aims to set sail toward a robust economic future, promising a Great Economic Boom that could lift all boats—or at least those not anchored by excessive regulation.
Miran, who previously served as a senior adviser for economic policy during Trump’s first term, has proven credentials, including a doctorate in economics from Harvard. However, his degree might be the least impressive part of his resume compared to his current role as a senior strategist at Hudson Bay Capital and a fellow at the Manhattan Institute. It is clear that the new administration is not turning to lightweights in its quest to revive the American economy, and appointing Miran indicates a commitment to sound economic principles over the chaotic approach seen in recent years.
Trump Taps Pro-Crypto Economist Stephen Miran to Lead Council of Economic Advisers pic.twitter.com/ddh4Lc4IG2
— Crypto Era (@_cryptoera_) December 23, 2024
An announcement underscored Miran’s enthusiasm for the role, where he emphasized his “honor” in leading the Council. While he waxed poetic about creating a booming, noninflationary economy, it’s almost comical when one considers how inflation has been the stew simmering on the back burner ever since the previous administration left office. Miran’s mission is to put the economy back on a strong footing, without falling for the same traps that led to the inflationary spiral championed by his predecessor’s economic team.
Miran isn’t just a pretty face with a Ph.D. He has tracked the machinations of the economic elite and isn’t afraid to call them out. He recently co-authored a paper critical of Treasury Secretary Janet Yellen and the Biden administration, claiming they were playing politics with the economy just before the elections. This is the kind of boldness America needs; not the timid response to economic crises that often blames everyone but the actual policies in place.
Currently, the Council of Economic Advisers is led by Jared Bernstein, who has managed to keep the economic ship on a rather murky course since July 2023. With Miran stepping up, Trump supporters can expect a rigorous critique of existing economic policies and a push for strategic reforms that stoke growth without the specter of inflation lingering overhead. If Miran can deliver even half of what’s promised, the nation could soon find itself in a more prosperous position than it has been in recent years.
