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Trump Plans to Pick Next Fed Chair Before Nov. 3 Asia Trip

  • Taylor, Warsh, Cohn, Powell, Yellen said to be on shortlist
  • President said ready to interview Yellen for job this week
Bloomberg business news

What John Taylor Would Bring to the Federal Reserve

Updated on

President Donald Trump said he plans to choose from among five finalists to be the next Federal Reserve Chairman and will make his decision soon.

Trump is working with a shortlist of five names to lead the central bank: 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, according to people familiar with the process.