Trump nominates Stephen Miran as Council of Economic Advisors chairman

President-elect Trump nominated economist and former advisor Stephen Miran as the chairman of the Council of Economic Advisors, which will counsel the Executive Branch on economic policy and strategy, in a Dec. 22 social media announcement.

Miran previously served as a senior advisor for economic policy at the United States Treasury Department under the first Trump administration. During a recent episode of The Bitcoin Layer podcast, Miran said the United States should focus on pro-innovation policies and told the podcast host:

"I think that Financial deregulation is going to be a powerful part of that. I think that crypto has a big role potentially to play in innovation and ushering in another Trump Administration economic boom."

Many in the crypto community celebrated the nomination of Miran as a positive development for the crypto industry, as Donald Trump continues to select pro-crypto and pro-innovation officials for his cabinet.

-Published on Cointelegraph by Vince Quill