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Trump picks Stephen Miran to head Council of Economic Advisers

Former Treasury aide headed for top White House economic job as Trump assembles team for second term

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US President-elect Donald Trump on Sunday. Photo: Reuters

US President-elect Donald Trump is nominating Stephen Miran to lead his Council of Economic Advisers, enlisting a former Treasury official who served in Washington during his first administration.

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“Steve will work with the rest of my economic team to deliver a great economic boom that lifts up all Americans,” Trump said in a statement Sunday on his Truth Social platform.

As the top White House economist, Miran is set to advise Trump on policy and be a prominent face for selling those decisions to the public. Miran, whose post requires Senate confirmation, was a senior economic policy adviser at the Treasury Department during Trump’s first term.

Miran, a fellow at the New York-based Manhattan Institute, co-authored a paper with economist Nouriel Roubini in July that alleged the Treasury Department had manipulated the issuance of US securities in a way that lowers real borrowing costs across the economy.

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The paper, published by Hudson Bay Capital, echoed a line of attack by some Republican politicians, who accused Treasury Secretary Janet Yellen of gaming US debt auctions to juice the economy and help President Joe Biden.

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