U.S. President Donald Trump has nominated Christopher Ferren to serve as the Chair of the White House Council of Economic Advisers. According to Odaily, this nomination aims to fill the vacancy left by Stephen Milan, who will join the U.S. Federal Reserve Board in 2025. The nomination has been submitted to the U.S. Senate for approval.
Ferren holds a Ph.D. in Economics from Duke University and the University of Chicago. He has previously worked as a senior economist at the Federal Reserve Bank of Minneapolis and is currently a professor of economics at the University of Minnesota. His areas of expertise include macroeconomic theory, incentive mechanisms, and inequality game theory.