SUBSCRIBERS

Trump plans to pick nominee for Fed chair before trip

Published Wed, Oct 18, 2017 · 09:50 PM

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.

Share with us your feedback on BT's products and services