Senate Banking Committee Chairman Tim Scott met with Stephen Miran, President Trump's nominee for Chair of the Council of Economic Advisers (CEA). Following their meeting, Chairman Scott released a statement highlighting Miran's qualifications and potential impact on economic policy.
"Stephen Miran is an accomplished economist, successful businessman, and served as a trusted senior advisor at the Department of Treasury during the first Trump administration," stated Scott. He expressed confidence that Miran would bring "much-needed change and economic sanity to the Council of Economic Advisors."
Scott contrasted Miran's approach with that of President Biden’s CEA Chair, who previously described inflation as "transitory." The chairman anticipates that Miran will play a significant role in advancing President Trump's economic agenda and fostering opportunities for Americans nationwide.