Former Fed Governor Stephen Miran Rejoins Hedge Fund Hudson Bay

Stephen Miran, a former Federal Reserve governor, is rejoining hedge fund Hudson Bay Capital Management as a senior strategist.

During his first stint at the $22 billion hedge fund, Miran wrote a paper espousing the ideas underpinning the so-called Mar-a-Lago Accord, which proposed the use of tariffs and other economic measures to bolster America’s position in global trade.

Stephen Miran

Photographer: Aaron Schwartz/Bloomberg

Miran left after roughly a year to serve as chairman of the US Council of Economic Advisers at the start of President Donald Trump’s second term. He joined the Federal Reserve’s board of governors in September and resigned in May. ...