U.S. Senator Elizabeth Warren has raised questions about Dr. Stephen Miran's economic policy positions and potential conflicts of interest ahead of his nomination hearing for the Chair of the Council of Economic Advisors (CEA). As the Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, Warren is seeking clarification from Dr. Miran on several key issues.
Warren emphasized the importance of objective advice from the CEA Chair to expand economic opportunities for the middle class rather than benefiting wealthy investors. She highlighted concerns over Dr. Miran's public record and potential conflicts due to his previous corporate affiliations.
"There is no comprehensive record of your positions on the scope of economic issues that you may need to reckon with as the CEA Chair," Warren stated in her letter to Dr. Miran.
She also expressed apprehension regarding Trump's proposed tariffs and their impact on working Americans, urging Dr. Miran to avoid conflicts related to tariff advice if confirmed.
"You have previously signaled support for the use of tariffs... However, it remains to be seen if the President has a strategic plan in place," she wrote.
Additionally, Warren questioned Dr. Miran's stance on Federal Reserve independence and suggested overhauls that could affect its governance structure.
"I ask that you come to this hearing prepared to answer the questions in this letter," Warren requested before Thursday’s hearing.