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Report: Trump advisers deliver shortlist of Fed chair candidates


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Report: Trump advisers deliver shortlist of Fed chair candidates

U.S. President Donald Trump's advisers have sent him a shortlist of candidates to head the Federal Reserve, Bloomberg News reported, citing sources, adding that two senior officials said those under consideration included former Fed board Governor Kevin Warsh, current Governor Jerome Powell and National Economic Council Director Gary Cohn.

Serving Fed Chair Janet Yellen is still under consideration, although she has little support among Trump's inner circle, two of the sources told Bloomberg. The advisers have now ended the search, sources said.

Trump met with Warsh and Powell over the Fed chair position late in September.

A fifth person, Stanford economist John Taylor, is also said to be under consideration, but it is unknown whether he has been interviewed or is scheduled for a meeting, sources said, adding that there is no front-runner but that Trump is unlikely to name someone from outside the list.

Trump has no plans to interview economist Glenn Hubbard and U.S. Bancorp Chairman Richard Davis, Bloomberg said.

Trump said Sept. 29 that he will announce his nominee for the post in two or three weeks.

In addition to nominating a Fed chair, the president also has to put forward a vice chair and two governors.