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Trump team includes Bowman, Jefferson and Logan in its list of candidates for Federal Reserve chairman
5hours ago

Odaily Planet Daily reported that according to two U.S. government officials, two Federal Reserve vice chairmen, Bowman and Jefferson, and Dallas Fed President Logan are considering taking up the position of Federal Reserve Chairman when the position becomes vacant next year. Treasury Secretary Bessant, who is in charge of the selection, said he will interview more candidates in the coming weeks. Officials said Trump is expected to make a final announcement this fall. People familiar with the matter said that other candidates still under consideration include Trump economic adviser Kevin Hassett, Federal Reserve Board member Waller, economist Mark Summerlin, and former Federal Reserve officials Kevin Warsh and James Bullard. Last week, Trump nominated Stephen Milan, chairman of the White House Council of Economic Advisers, to fill a seat on the Federal Reserve Board. Officials said that since Milan's nomination has been submitted to the Senate for confirmation, the Trump team believes there is no need to rush to find a new chairman. Bessant will interview all candidates for chairman and then recommend a short list of candidates to the president for a meeting with the president. (Jinshi)