Trump on Thursday announced he has selected Stephen Miran, chair of the Council of Economic Advisors, to serve on the central bank.

U.S. President Donald Trump said on Wednesday he would likely in the next two to three days nominate a candidate, out of a short-list of three, to serve the remaining months of a soon-to-be-vacant position on the Federal Reserve's Board of Governors,

Federal Reserve Governor Adriana Kugler will step down from her position on the central bank’s board, the Fed announced Friday, handing President Donald Trump a sooner-than-anticipated opportunity to install a new policymaker who aligns with his vision for interest rates.