Milan once criticized that officials with political backgrounds find it difficult to remain neutral at the Fed.

Jin10 reported on August 8 that market analyst Matt Grossman stated that Trump has nominated Stephen Milan as a candidate for the vacancy on The Federal Reserve Board of Governors until the end of January next year. Milan publicly criticized last year that officials with political backgrounds find it difficult to remain neutral on the board, specifically naming Chicago Fed President Evans (Goolsbee is a former Obama administration official) and questioning whether he can truly set politics aside, stating that his credibility as a board member is doubtful. Milan's remarks about Goolsbee now sound more like a "self-accusation" of his own possible partisan bias. He wrote at the time: "Pretending to easily switch between a highly politicized role and so-called non-political roles without allowing political bias to influence policy-making is, at best, naive, and at worst, insidious."