In the Margins

Trump leaning toward Powell for Fed chair

October 27, 2017

By Reuters

President Donald Trump is leaning toward nominating Federal Reserve Governor Jerome Powell to be the next head of the U.S. central bank, two sources familiar with the matter said on Friday. The sources cautioned that while Powell had emerged as the leading candidate from a short list of five, Trump had not made a final decision and could always change his mind. Read the original story from Reuters.