Trump Picks a Former Treasury Official as His Top Economist

President-elect Donald J.Trump said on Sunday that he was choosing Stephen Miran, who served in the Treasury Department during Mr.

Trump’s first term, to lead the Council of Economic Advisers.“Steve will work with the rest of my Economic team to deliver a Great Economic Boom that lifts up all Americans,” Mr.Trump wrote in his announcement on social media.The Council of Economic Advisers is a panel of experts that historically has operated within the White House, providing the president with advice on domestic and international economic policy.Mr.

Miran, whose role requires Senate confirmation, was a senior adviser for economic policy at the Treasury Department during Mr.Trump’s first term, a role that included advising on fiscal support during the coronavirus pandemic.He is now a senior strategist at Hudson Bay Capital Management, a hedge fund, and he contributed $2,000 to political action committees affiliated with Mr.

Trump during the election.“I look forward to working to help implement the President’s policy agenda to create a booming, noninflationary economy that brings prosperity to all America,” Mr.Miran wrote on social media on Sunday.In July, Mr.

Miran and Nouriel Roubini, a senior adviser at Hudson Bay Capital, wrote a paper accusing Janet Yellen, President Biden’s Treasury secretary, of manipulating markets in order to clandestinely stimulate the economy.Ms.Yellen said at the time that the paper “suggests a strategy that is intended to ease financial conditions, and I can assure you 100 percent that there is no such strategy.

We have never, ever discussed anything of the sort.”Mr.Miran also has criticized Jerome H.

Powell, the Federal Reserve chair, writing that it was “wrong politically and economically” to have urged Congress to pass a stimulus bill in October 2020.This year, Mr.Miran donated $1,000 to a pro-Trump political action committee called Never Surrender, and another $1,000 to Trump 47, a joint fund-raising commit...