PANews reported on December 23 that according to Jinshi, US President-elect Trump announced on Sunday that Stephen Miran will serve as chairman of his Economic Advisory Council. Stephen Miran is a senior strategist at Hudson Bay Capital and an economics researcher at the Manhattan Institute. He served as a senior adviser on economic policy at the Treasury Department during Trump's first term. In addition, according to The Block, Miran previously stated that excessive regulation could inhibit bank lending and crypto-economic innovation.