Fed nominee Miran must resign from White House, Democratic lawmakers say

Miran said at his confirmation hearing last week he had been legally advised that he need only take an unpaid leave from the White House's Council of Economic Advisors because the Fed job he is seeking only runs through the end of January, and "that is what I would be taking." The Democratic senators on the panel noted that his term could last longer, depending on the time it took to confirm a successor, and said the dual role created a potential conflict between his duty as both a central banke