Trump taps Stephen Miran to lead Council of Economic Advisers

This is an outstanding choice. @SteveMiran is sharp, thoughtful, creative, and a patriot through and through. We're all immensely proud of the work he's done at @ManhattanInst, and we're excited for what's to come."

Reihan Salam, president of the Manhattan Institute, wrote on X on Sunday

I'm thrilled that President Trump is already using tariffs to gain negotiating leverage to improve security outcomes for Americans. About time we actually tackled problems instead of letting them slide."

Later in November, he reiterated his support for Trump's tariff policies, writing

Taking effective tariff rates from 2% to 20% seems way better than taking maringal [marginal] income tax rates from 30% even higher." ... Better to take tariffs from low levels higher, than corporate or income from already-high to even-higher."

Regarding Trump's tariff plans, he wrote ... He added

At the end of the day, government has to raise revenue via taxation. Higher tax rates are much more dangerous than lower tax rates."

He has

I am pleased to announce that I will nominate Stephen Miran to be the Chairman of my Council of Economic Advisers,

Trump said in his statement

Steve will work with the rest of my Economic Team to deliver a Great Economic Boom that lifts up all Americans,

Trump wrote