Trump-tapped Federal Reserve Governor Stephen Miran broke ranks with the MAGA administration and admitted that the economy is sinking under President Trump.

Miran on Wednesday undercut the president’s rosy view of the economy, pointing out that the labor market has become weaker since Trump took office.

“The economy was weaker in the first half of the year versus where it was last year,” Miran told CNBC anchor Sara Eisen at the network’s Invest in America Forum.

Though Miran, 42, didn’t directly criticize Trump for the issues with the economy, he did blame the weakened economy on factors directly caused by his administration.

“Yes, the labor market continued to weaken in the first half of the year,” he said. “I think part of that was due to uncertainty over policy. We might have had t

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