President Donald Trump has nominated University of Minnesota professor Christopher Phelan to be the chairman of the White House’s Council of Economic Advisers, the White House said on April 21.
His appointment is subject to confirmation from the Senate. If confirmed, Phelan would succeed Stephen Miran, who resigned in January after Trump appointed him to the Federal Reserve Board of Governors.
Phelan previously served as a senior economist in the research division of the Federal Reserve Bank of Minneapolis and earned a doctorate in economics from the University of Chicago, according to his university website profile.
“President Trump has assembled the best and most experienced economic team in modern history,” White House spokesman Kush Desai said in a statement to multiple news outlets….