[Walsh's Nomination May Lead to Milan Leaving the Federal Reserve Board] According to Golden Finance, Kevin Walsh has been nominated to serve as the Chairman of the Federal Reserve, which may bring an end to Stephen Milan's tenure on the Federal Reserve Board. Milan has spent an unusual five months at the central bank. He was appointed by former U.S. President Donald Trump to fill the remaining term vacancy left by Adriana Kugler's resignation. Currently, he is on leave from his position as a White House economic advisor. To align with President Trump's preferences, he has consistently supported significant interest rate cuts, backing his stance with broad economic arguments. However, his ideas have not gained much support within the committee. Milan's term at the Federal Reserve is theoretically set to expire this weekend, but he can remain on the board until his successor is confirmed. He has not disclosed whether he will return to the White House.