The post President Trump nominates pro-Bitcoin Steve Miran to lead his Council of Economic Advisers appeared on BitcoinEthereumNews.com.
Donald Trump has picked Steve Miran, a former senior economic adviser at his 2016 Treasury Department, to lead his Council of Economic Advisers. Miran, known for his sharp opinions on Bitcoin and monetary policy, now steps into a position that will shape Trump’s ambitious second-term economic strategy. Trump announced the nomination on Truth Social, saying, “Steve will work with the rest of my economic team to deliver a great economic boom that lifts up all Americans.” Miran, responding on X, said: “I am beyond honored that President Trump has chosen me to lead his Council of Economic Advisers. I look forward to working to help implement the President’s policy agenda to create a booming, noninflationary economy that brings prosperity to all Americans!” Economic plans loaded with controversy As head of the Council, Miran will be Trump’s go-to figure for economic policy decisions, a critical role given the president’s plans to tackle inflation, renew tax cuts, and launch a wave of protectionist tariffs. Trump claims these will restore manufacturing jobs and boost household incomes, a promise he doubled down on during his campaign. Economic concerns like inflation and stagnant wages helped Trump secure his second term and a Republican majority in Congress. But economists have flagged potential risks in his agenda. Some believe deporting undocumented immigrants and imposing tariffs could drive up consumer prices and inflate the national debt. Trump, unfazed, has brushed off these warnings, maintaining his focus on economic growth and price stability. Bitcoin and Miran: A love-hate relationship? While he’s not a die-hard Bitcoin maximalist, Miran’s public commentary on the asset has been enough to grab the community’s attention. Cryptopolitan ran a quick search of the word “bitcoin” on his Twitter and the results show a nuanced—if a bit skeptical—take on the role of crypto in the economy.…