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White House Wants a Fed Chief Willing to Revisit Financial Rules

  • Trump team outlines attributes of contenders for Fed vacancies
  • Various skills sought, from banking to payment system know-how
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White House Seeks Fed Chief Willing to Change Rules

The White House team leading the search for the next generation of Federal Reserve leaders is seeking contenders willing to roll back financial regulations, but also with experience in monetary policy and the consensus-building skills to run a large organization, according to three officials familiar with the process. 

President Donald Trump is working with a shortlist of five names for Fed chair: former Fed Governor Kevin Warsh, Stanford University economist John Taylor, current Fed Governor Jerome Powell, National Economic Council Director Gary Cohn and the current chair, Janet Yellen.