Headline: Fed Governor Miran Steps Down from White House Role, Dual Position Controversy Concludes - 2026-02-04

[Para 1: The Lead] The U.S. Federal Reserve (Fed) Governor Stephen Miran has formally stepped down from his position as Chairman of the White House Council of Economic Advisers (CEA), resolving the controversy surrounding his dual roles. Miran's departure marks the end of a contentious period as he balances his responsibilities at the Fed and the White House. [Para 2-3: Supporting details & Context] Miran, appointed by President Trump to fill a vacancy on the Fed's board last year, had been serving as a volunteer at the CEA since his appointment. According to documents obtained by Reuters, Miran resigned in a letter, stating, "I had previously committed to stepping down from the CEA if my Fed term expired beyond January." His commitment to upholding this promise is emphasized. Although Miran's Fed term has expired, he remains in office until a successor is confirmed by the Senate. The dual role controversy, which raised concerns about the independence of the central bank, has now been resolved with Miran's resignation.