Feb. 4 (UPI) -- Stepehn Miran, a Federal Reserve governor, has resigned from his role as chairman of the Council of Economic Advisers.
Miran was appointed to the Fed in September to replace Adrana Kugler, who resigned in August. He said he expected to fill out Kugler's term, which expired Jan. 31, then return to the CEA position.
He said then that if his Fed term was extended, he would resign from the CEA, which he had joined in January 2025. He's been on leave from the CEA since his appointment to the Fed. His term hasn't been extended, but he's still serving on the board.
"While I remain at the Federal Reserve, I will continue to fight for the American people to the best of my ability, pursuing the Federal Reserve's statutory mandates of maximum employment and stable prices" Miran said in a statement Wednesday.
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