economy

Trump Announces Departure of CEA Chair Pierre Yared

President Trump says Council of Economic Advisers head Pierre Yared is leaving the White House advisory post.

President Donald Trump announced Monday that Pierre Yared, the chairman of the White House Council of Economic Advisers, is departing the role, adding another leadership change to an administration that has seen frequent personnel shifts across key economic policy positions.

Yared served at the helm of the CEA, the body charged with providing the president with rigorous economic analysis and policy recommendations on both domestic and international matters. His exit comes at a consequential moment, with the administration navigating tariff disputes, inflation concerns, and ongoing debates over federal spending priorities.

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The Council of Economic Advisers was established in 1946 as part of the Employment Act and has since served every president as an in-house source of nonpartisan economic expertise. The chair is a Senate-confirmed position, meaning a replacement would require a confirmation process that could leave the council without permanent leadership for a period.

The departure raises questions about continuity in the White House's economic advisory apparatus at a time when markets and policymakers alike are closely watching for signals on trade, growth, and fiscal policy direction. Analysts note that sustained vacancies at senior economic advisory posts can complicate the administration's ability to respond quickly to shifting economic conditions.

No successor has been publicly named. Continue reading at US Top News and Analysis.

Continue reading at US Top News and Analysis →

Frequently Asked Questions

Q.Who is Pierre Yared and what was his role in the Trump administration?

Pierre Yared served as the chairman of the Council of Economic Advisers, the White House body that provides the president with analysis and advice on domestic and international economic policy.

Q.What is the Council of Economic Advisers and when was it created?

The Council of Economic Advisers has provided presidents with economic information and policy advice since 1946, when it was established as a standing advisory body within the executive branch.

Q.Who will replace Pierre Yared as CEA chair?

No successor has been publicly named following Trump's announcement of Yared's departure from the Council of Economic Advisers.

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