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White House: Trump considering Powell, Taylor for either Fed chair or vice chair

Reuters India Friday, 20 October 2017
White House: Trump considering Powell, Taylor for either Fed chair or vice chairWASHINGTON (Reuters) - President Donald Trump is considering a scenario in which he would nominate Fed Governor Jerome Powell and Stanford University economist John Taylor for the two top positions at the Federal Reserve Board, White House spokeswoman Sarah Sanders said on Friday.
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News video: WH to Select Jerome Powell as Next Federal Reserve Chair?

WH to Select Jerome Powell as Next Federal Reserve Chair? 00:38

U.S. Treasury Secretary Steven Mnuchin is reportedly pushing for the White House to name Jerome Powell as the next chair of the Federal Reserve. Powell, a current Federal Reserve governor, previously worked in George H.W. Bush's Treasury Department and was also a partner at private equity firm...

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