President-elect Donald Trump has announced the nomination of Stephen Meran to chair the Council of Economic Advisers, a move that highlights the administration’s future direction toward supporting digital innovation.
Mirran has extensive experience, having previously served as Senior Economic Policy Advisor at the Treasury Department during the first Trump administration, and is currently Chief Strategist at Hudson Bay Capital Management.
If confirmed by the Senate, Meiran would lead the council, which advises the president on economic policies focused on promoting economic growth, full employment, and financial stability.
Trump expressed his confidence in Miran on the Truth Social platform, saying:
Steve will work with our economic team to deliver a great economic transformation that lifts up all Americans.
On the X platform, Miran expressed his pride in being nominated by Trump, stressing his commitment to supporting policies that promote a prosperous, non-inflationary economy.
He also expressed his firm belief in the role of cryptocurrencies as a catalyst for economic growth in his recent statements, criticizing current regulatory restrictions that hinder innovation in this sector.
These appointments point to a pro-digital asset approach in the incoming Trump administration.
Trump has also previously nominated prominent figures known for their support for cryptocurrencies, such as Paul Atkins to head the Securities and Exchange Commission, signaling a more flexible regulatory environment, and David Sachs to lead policies related to artificial intelligence and cryptocurrencies.
Trump is expected to soon unveil his nominee to head the Commodity Futures Trading Commission, cementing the pivotal role his administration will play in shaping the future of the crypto sector.