U.S. Federal Reserve (Fed) Governor Stephen Miran stepped down on Tuesday from his position as chair of the White House's Council of Economic Advisers (CEA), ending a controversial arrangement where he held positions at both institutions.

President Donald Trump appointed Miran in September to a seat on the Fed's seven-member board of governors after Adriana Kugler, who was appointed by former President Joe Biden, abruptly resigned.

The arrangement drew the ire of Democratic Senators who said it would

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