President Trump preparing to nominate CEA Chair Stephen Miran to Fed board

Federal Reserve Nomination - President intends to nominate Steven Mir, chair of his council of economic advisers, to the open seat created by Audriana Cougler's departure [1] - Nomination might be considered for the October meeting, with a very difficult outside chance for the September meeting [2] Economic Policy Implications - Steven Mir is seen as an intellectual architect of the president's policies, including devaluing the US dollar to help US manufacturing [2] - Mir is a critic of the trade deficit and believed to be a key author of the Mara Lago accords, potentially involving a 100-year bond to foreign holders of US debt in a non-interest bearing account [2] - Rethinking trade is a significant aspect of the president's agenda, and a looser monetary policy could devalue the US dollar [3]