Trump’s Bold Fed Pick: Steve Miran’s Bold Plan to Reshape America’s Debt Future (feat. Mar-a-Lago Agreement, Miran Report, 100-Year Bonds, Leverage, and a Game-Changing Economic Revolution)

What if Trump’s new pick for the Fed could rewrite America’s financial future?”
Forget everything you know about U.S. debt. 100-year bonds, zero interest, and using national security to call the shots—Steve Miran’s radical plan could change the game forever. Want to know how? Keep reading.

Kugler Steps Down: What’s Next for the Fed?

1. So, here’s the deal – Adriana Kugler, one of Trump’s picks for the Federal Reserve, was supposed to stick around until January 2026, but she announced she’s stepping down early in August 2025.
2. With not much left in her term, and a promising fall semester ahead, she’s heading back to Georgetown University in Washington, D.C., to teach again.
3. There are 7 Federal Reserve Governors, and they hold their positions for 14 years.
4. Jerome Powell? Yep, he’s one of the seven, and he’s also thse guy who chairs the whole show over at the Federal Reserve.
5. If Trump gets to appoint a replacement for Kugler, 3 of the 7 Federal Reserve Governors will be his picks. That’s some serious influence!

Miran Takes the Lead: Trump’s Pick for the Fed

6. The buzz around town? Trump’s picked Steve Miran to fill Kugler’s shoes.
7. Miran isn’t just any guy – he’s currently leading the White House Council of Economic Advisers (CEA).
8. Miran’s no stranger to the Ivy League – he graduated from Boston University in 2005, then snagged a Ph.D. in Economics from Harvard in 2010. After that, he made his mark as a senior strategist at Hudson Bay Capital.
9. He didn’t stop there – in 2020, he joined Treasury Secretary Steven Mnuchin’s team as an economic policy advisor, essentially becoming Trump’s go-to economics guru.
10. Fast forward to November 2024, and Miran drops a bombshell – a 41-page report that’s shaking things up in Washington.

The Miran Report: A Radical Solution for U.S. Debt

11. The report was so bold that it quickly became known as “The Miran Report” – a title it clearly earned.
12. Here’s the kicker – the report says the U.S. needs to use its economic muscle to restructure the national debt, especially through U.S. Treasury bonds.
13. Now, let’s talk numbers – the U.S. national debt is swelling, and it’s starting to look like a real problem.
14. According to the Congressional Budget Office (CBO), by 2025, the cost of debt repayment will surpass defense spending. Yikes.
15. Over the next 10 years, the U.S. government will shell out a whopping $12.4 trillion just to pay the interest on its debt.

Miran’s Bold Strategy: 100-Year Bonds and Zero Interest

16. If you break that down per American, it’s about $37,100 per person. That’s a lot to swallow.
17. With more high-interest bonds coming in, while older low-interest bonds phase out, the burden on debt interest is growing fast.
18. Miran’s solution? Swap out the old bonds for 100-year zero-coupon bonds – no interest, just a lump sum payment a century from now. The idea is to reduce the ongoing debt interest.
19. And who’s going to buy these 100-year bonds? Miran suggests targeting countries that are running trade surpluses with the U.S. – a little economic leverage never hurt anyone, right?
20. But, come on, who would seriously buy a 100-year bond with zero interest? A pretty hard sell, if you ask me.

The 100-Year Bond Gamble: Is It Worth It?

21. Miran himself admits that it’s not exactly a “sweet deal,” and no one will line up just for a carrot.
22. So, here’s his plan – use the U.S. military security umbrella and tariffs to sweeten the deal. Get countries to buy 100-year, zero-interest bonds by making it a matter of national security.
23. But, wait – it’s not just about asking countries to cough up more money for defense. There’s more to the pitch.
24. The real ask is this: The U.S. will say, “We’ll cover your security, but you’ve got to buy these 100-year, no-interest bonds.”
25. And to make it even juicier, the U.S. could sweeten the pot with lower tariffs in exchange for those bonds.

The 100-Year Bond Dilemma: Worthless or Revolutionary?

26. But let’s be real for a second – a bond that pays no interest and only returns the principal in 100 years? That’s pretty much worthless.
27. Just like today’s U.S. Treasuries, they’d be hard to sell when you need them the most. Not exactly a go-to asset during a financial crisis.
28. Here’s where Miran flips the script – instead of handing over these 100-year bonds, the U.S. could offer dollar swap lines to countries to help weather any currency crises.
29. And he’s not just talking about new bonds; this applies to existing U.S. Treasury bonds too.
30. The U.S. could charge a “usage fee” for Treasury bonds to help countries with foreign exchange liquidity, making them more attractive and useful.

Could Trump’s Historic Move End U.S. Debt?

31. For example, if the U.S. had a 4% Treasury bond, they could charge a 4% fee on it, effectively wiping out the debt interest.
32. If this works, the U.S. could be on the path to shedding its national debt, marking a historic move – and Trump might just announce it from his Mar-a-Lago estate.
33. By March 2026, Trump’s team is seriously considering calling up finance ministers from major countries to sign a “Mar-a-Lago Agreement” – a game-changing economic deal.

Miran’s Plan: A Debt Reset for the U.S.

34. If you take a look at the Miran Report, you might get a feeling of déjà vu. The concepts aren’t exactly new, but the timing could be.
35. The heart of the Miran Report is simple: the U.S. needs to file for “credit rehabilitation” to get its debt reduced.
36. And, yes, this credit rehab is the same kind of “reorganization” people do when they file for bankruptcy protection to get rid of their debt.

Trump’s Fed Pick: Bold Ideas, Bold Future

37. Looks like the next Federal Reserve Governor is going to have some bold ideas – and I’m not just talking about monetary policy!

The Miran Report: The Fed’s New Game-Changer or Just a Walk Through the Alley?

The Miran Report is like that moment on your way to school when the school bully pulls you into a dark corner and says, “We need to talk.” Unsettling, yet strangely fascinating. And Trump? Well, appointing a guy who writes reports like that to the Federal Reserve might just be his boldest move yet. Out of 7 Fed Governors, 3 are now his picks, and if Powell gets replaced? Trump’s got the majority. Talk about shaking things up!