In the Margins

Warsh considered for Fed chair position

September 29, 2017

By The Wall Street Journal

President Donald Trump and Treasury Secretary Steven Mnuchin have met with Kevin Warsh to discuss his potential nomination as the next Federal Reserve chairman. Warsh is a former Fed governor and was a member of the president’s Strategic and Policy Forum, a group of business leaders that disbanded in August in protest over what they said was Trump’s failure to sufficiently condemn racism. He was also an economic adviser to 2016 Republican presidential candidate Jeb Bush. Other names said to be in contention include current Fed Chair Janet Yellen, Stanford University economist John Taylor and John Allison, the former BB&T Bank chief executive. Read the original story from The Wall Street Journal