- Donald Trump named Stephen Miran as the Chair of the CEA
- Previously, Stephen Miran was a Treasury official and prominent pro-crypto advocate
Donald Trump continues his administration’s consistent pro-crypto transformation initiatives to ensure U.S. leadership in the blockchain and cryptocurrency industry.
Today, we see not the first, and probably not the last, pro-crypto appointment from Donald Trump. He named Stephen Miran as the Chair of the CEA, who is a prominent and consistent pro-crypto advocate, and also served as a Treasury official during Trump’s first term.
More About Stephen Miran
Stephen Miran is a sign of the Trump administration’s ongoing pro-crypto initiatives.
Miran has always been in favor of pro-crypto initiatives and insisted on developing an environment that encourages the adoption of blockchain technology, as he reminded us in a recent podcast.
He served as a Treasury official during Trump’s first term, and it’s worth noting that he wasn’t afraid to take a pro-crypto stance, including disagreeing with the decisions of other institutions as he did in 2020 with Fed Chair Jerome Powell’s call for more stimulus, arguing it was both politically and economically flawed.
Stephen Miran is now working with Hudson Bay Capital Management, and from now on – he has a lot of important work to do as Chair of the Council of Economic Advisers, which he is very enthusiastic about assuming his post.
Conclusion
Despite the FED’s concerns about the economy’s 2025, including Donald Trump’s initiatives and the fluctuations in the markets in general and the crypto market in particular – Donald Trump has so far consistently and persistently pursued his pro-crypto course.
Very fundamental changes in politics and, as a consequence, the economy are happening right now. Be aware and stay tuned.
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