Trump Weighs Whether to Renominate Goodfriend to Fed, Source Says
- Nomination languished in Senate last year after hearing
- Goodfriend not part of renominations sent to Senate Wednesday
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The Trump administration is considering whether to renominate Marvin Goodfriend to join the Federal Reserve Board, a person familiar with the matter said, as the president’s scrutiny of the central bank intensifies and support for the economist fades.
President Donald Trump nominated Goodfriend for a vacant Fed Board seat in November 2017, but his nomination languished in the Senate for much of last year. It lapsed at the end of 2018 with the previous Congress, and the White House would have to renominate him if they want to keep trying to get him on the Fed.