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Fed Governor Miran submits resignation, throws support behind Warsh as new chair
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Fed Governor Miran submits resignation, throws support behind Warsh as new chair

CNBC·Jeff Cox·18 days ago
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Stephen Miran, governor of the US Federal Reserve, during a television interview on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Nov. 10, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Stephen Miran officially handed in his resignation letter Thursday, saying he will vacate his spot on the central bank board when or just before new Chair Kevin Warsh takes his seat. Stepping in to fill what was left of an unexpired term last September, Miran served as a contrarian voice on the rate-setting Federal Open Market Committee. He voted "no" in each of the six meetings he has attended since taking over for Adriana Kugler, who abruptly resigned in August 2025. In his letter , Miran said his brief stint was "the highest honor of my life" and expressed confidence in Warsh, who gained Senate confirmation to the top seat Wednesday. Miran came to the Fed after serving as chair of the Council of Economic Advisers.…

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