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You are here: Home / Financial Markets / How Trump’s Provocative Economist Crashed the Fed

How Trump’s Provocative Economist Crashed the Fed

September 15, 2025 at 9:00 am EDT By Taegan Goddard Leave a Comment

Wall Street Journal: “Two years ago, Stephen Miran’s career in finance seemed to reach a dead end. The investment firm he co-founded was closing, having never really gotten off the ground.”

“Now he is at the forefront of President Trump’s bid to remake the Federal Reserve.”

“Miran, chair of the White House’s Council of Economic Advisers, is poised to join the Fed’s board of governors, part of the 12-member panel that sets interest rates to steer the U.S. economy. It would be the first time since the creation of the modern Fed in the 1930s that a sitting member of the executive branch would also serve at the central bank.”

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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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