Trump plans to pick nominee for Fed chair before trip
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Washington
US President Donald Trump plans to announce his nominee to chair the Federal Reserve before he leaves on Nov 3 for an 11-day trip to Asia and Hawaii, a person familiar with the process said.
Mr Trump is reportedly working with a shortlist of five names to lead the central bank: former Fed governor Kevin Warsh, Stanford University economist John Taylor, current Fed governor Jerome Powell, National Economic Council director Gary Cohn and the current chair Janet Yellen.
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