Top contenders for a Trumpian, post-Yellen US Fed
Here is the shortlist of possible replacements
Atlanta — With US Federal Reserve chairperson Janet Yellen’s term ending in February, here is a look at the candidates US President Donald Trump is considering over the next few weeks to nominate to chair Fed. Trump has met with Yellen, national economic council director Gary Cohn, Fed board governor Jerome Powell and former governor Kevin Warsh as he considers his choice to head the US central bank, three people familiar with the discussions said last week. Stanford University economist John Taylor is also on the list of recommendations put together by Trump’s advisers. There’s no clear front-runner and outlier candidates haven’t been ruled out. Trump has said he expects to make a decision on the Fed-chairperson search this month. That’ll kick off a months-long process of Senate confirmation before Yellen’s current term expires in February. Janet Yellen Hawk or dove? Yellen has had a track record of keeping rates low over her four-year term. She has consistently supported gradually...
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