Recently, the American political scene has attracted attention again. According to the latest news, current President Trump has nominated economist Stephen Miran to serve on the Federal Reserve Board of Governors. This news has sparked widespread discussion in the financial sector.

Miran, as the chair of the Economic Advisory Council, is known for his open attitude towards cryptocurrencies. He has repeatedly called for simplifying the regulatory framework for cryptocurrencies, a position that aligns with certain policy directions of the Trump administration. Miran will succeed Adriana Kugler, who just resigned, and his term is expected to last until the end of January 2026.

It is worth noting that Miran has a rich background in the financial industry. He has served as a senior strategist at the investment firm Hudson Bay and has held positions at the U.S. Department of the Treasury and Fidelity Investments. Such experience undoubtedly provides him with valuable insights for his work at the Fed.

However, this appointment has also sparked some controversy. Recently, Trump and Fed Chairman Powell have had differences over interest rate policy, and their public confrontation has attracted attention. Additionally, Miran had previously criticized Powell's policies, which adds a touch of drama to his appointment.

Whether this appointment will have an impact on the Fed's monetary policy, especially regarding its attitude towards cryptocurrencies, remains to be seen. In any case, Miran's addition will undoubtedly bring a new voice and perspective to the Fed.