“I am pleased to announce that I will nominate Stephen Miran to be the Chairman of my Council of Economic Advisers,” Trump said in a Sunday statement. “Steve will work with the rest of my Economic Team to deliver a Great Economic Boom that lifts up all Americans.”

Miran worked as a senior adviser for economic policy at the Treasury Department during Trump’s first term and holds a doctorate in economics from Harvard University. He currently works as a senior strategist at the global investment firm Hudson Bay Capital and is a fellow at the Manhattan Institute.

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He expressed his “honor” at being nominated for the task by the incoming president.

“I am beyond honored that President Trump has chosen me to lead his Council of Economic Advisers,” Miran wrote on X on Sunday. “I look forward to working to help implement the President’s policy agenda to create a booming, noninflationary economy that brings prosperity to all Americans!”

During the first Trump administration, Miran specifically worked on fiscal “support” during the pandemic, according to his Manhattan Institute page.

This past summer, Miran co-authored a paper accusing Treasury Secretary Janet Yellen and the Biden administration of attempting to manipulate the economy ahead of the presidential election. Yellen vehemently denied the accusation.

The current chairman of the Council of Economic Advisers is Jared Bernstein, a longtime adviser to President Joe Biden. He has served in the role since July 2023.