Dec 22 (Reuters) – U.S. Federal Reserve Governor Stephen Miran said on Monday he is likely to remain on the central bank’s Board of Governors beyond the expiration of his term until whoever President Donald Trump nominates as the next Fed chair is confirmed by the Senate.
“If no one is confirmed in my position before January 31, I guess I’ll stay,” Miran said in an interview on Bloomberg Television.
Miran joined the Fed in September after being appointed by Trump to serve out the remaining few months of a 14-year term on the board after Adriana Kugler unexpectedly resigned as Fed governor in August. His term expires on January 31, but Mirán can remain until the Senate confirms a successor.
Trump is weighing who to appoint to the Federal Reserve as successor to Fed Chairman Jerome Powell, whose term as the central bank’s leader expires in May.
(Report ‌By Dan Burns;)