Core Points - Federal Reserve governor Stephen Miran has resigned from his position as chair of the White House's Council of Economic Advisers, ending a controversial dual role [1][3][6] - Miran's resignation was confirmed by White House spokesman Kush Desai, and he will remain on the Fed's board until a replacement is confirmed by the Senate [3][6] - The unusual arrangement of holding both positions has not been seen for decades, as previous appointees typically resigned from White House roles before joining the Fed [4][6] Summary by Sections Resignation Details - Miran's tenure as chair of the Council of Economic Advisers ended on January 31, and he had taken an unpaid leave of absence while serving on the Fed board [3][4] - His resignation aligns with a pledge made during his confirmation to the Federal Reserve's Board of Governors [6] Implications for Federal Reserve - The resignation highlights ongoing changes within the Federal Reserve, with President Trump nominating Kevin Warsh to potentially replace current Fed chair Jerome Powell, whose term ends on May 15 [7][9] - Observers speculate that Warsh may take Miran's seat and subsequently be elevated to replace Powell, although this has not been confirmed [9]