Taylor said to impress Trump for Fed chair as Warsh loses favour

Washington

STANFORD University economist John Taylor, a candidate for Federal Reserve chairman, made a favourable impression on President Donald Trump after an hour-long interview at the White House last week, several people familiar with the matter said.

Former Fed board governor Kevin Warsh has meanwhile seen his star fade within the White House, three of the people said.

They would not say why but Mr Warsh's academic credentials are not as strong as other candidates, and his tenure o…