Trump taps pro-bitcoin Stephen Miran for key economic role

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 President-elect Donald Trump has announced Stephen Miran as his nominee for the chair of the Council of Economic Advisers (CEA), a key position that influences economic policy in the U.S. Miran, a former senior adviser at the U.S. Treasury Department during Trump's first term, is known for his strong support of cryptocurrency, particularly Bitcoin. He has been a vocal critic of the current financial regulatory system, arguing that it stifles innovation and hampers financial growth​


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Miran's appointment aligns with Trump's broader strategy of fostering economic growth through innovation, including the promotion of digital assets like cryptocurrency. He believes that crypto could play a crucial role in driving the next economic boom under Trump's leadership​



. His views on crypto have earned him significant backing from the industry, including notable figures such as Michael Saylor, the executive chairman of MicroStrategy​
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The Senate must confirm Miran's nomination, but if approved, he will work with the rest of Trump's economic team to shape policies aimed at economic prosperity and growth​

Read more:Bitcoin's 10% Correction is a Buying Opportunity, Says Bitwise CIO

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