The U.S. Senate Committee on Banking, Housing and Urban Affairs minority published President Trump’s Federal Reserve Board nominee Stephen Miran’s written responses to Questions for the Record submitted by Ranking Member Elizabeth Warren following his 4 September hearing. The release highlights that, in those responses, Miran did not commit to resigning from his current White House position if confirmed to the Federal Reserve Board and could continue to hold both roles until a successor is nominated and confirmed, with the committee set to vote on his nomination in executive session on 10 September 2025. According to the published responses, Miran also declined to commit to resigning from either his White House role or the Federal Reserve after the expiration of his term in January 2026, declined to commit to disclosing his communications with President Trump while serving on the Fed Board, and did not acknowledge that the President lacks authority to fire Federal Reserve Governors at will. The release further notes that he again refused to state that Trump lost the 2020 presidential election.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-09-09
U.S. Senate Committee on Banking, Housing and Urban Affairs minority publishes Fed Board nominee Stephen Miran’s responses as he declines to commit to leaving White House role
The U.S. Senate Committee on Banking, Housing and Urban Affairs minority released Stephen Miran's responses to Ranking Member Elizabeth Warren's questions after his Federal Reserve Board nomination hearing. Miran did not commit to resigning from his White House position if confirmed, nor did he agree to disclose communications with President Trump or acknowledge the President's lack of authority to fire Federal Reserve Governors. He also refused to state that Trump lost the 2020 presidential election.