Trump's CEA chair pick Miran says deregulation will lower prices
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Stephen Miran, U.S. President Donald Trump's nominee to be chairman of the Council of Economic Advisers, sits on the day he testifies during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.
(Reuters) - President Donald Trump's pick to chair his Council of Economic Advisors, Stephen Miran, on Thursday said he believes that deregulation could be an effective way to bring down inflation.
"I agree removing barriers to the abilities of firms to produce will get them to produce more; more stuff, lower prices," Miran said under questioning at a Senate Banking Committee nomination hearing at which he also said he would support tax cuts, tariffs, and other policies at the top of Trump's economic agenda.
(Reporting by Ann Saphir, Editing by Franklin Paul)
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