Trump Says He’ll Likely Name Temporary Fed Governor to Open Seat

President Donald Trump indicated he would likely nominate a temporary Federal Reserve governor to fill the soon-to-be vacant seat on the central bank’s board within the coming days, rather than use the seat to signal his choice to replace Jerome Powell as chairman.

“We’re probably going to go with the temp and then a permanent,” Trump told reporters Wednesday at the White House. “I think the temp is going to be named, I’d say, over the next two, three days, and then we’re going to go permanent.”