Trump Ramps Up Fed Chair Search With Decision Due Within Weeks
- The President met with Jerome Powell and Kevin Warsh this Week
- Fed chief Yellen and Trump aide Cohn are also being considered
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Donald Trump in the next few weeks will make one of the most consequential decisions of his presidency with the choice of a nominee to be the next chair of the Federal Reserve, and the selection process is accelerating as he meets with top contenders.
The president and Treasury Secretary Steven Mnuchin sat down Thursday with former Fed governor Kevin Warsh and interviewed Fed Governor Jerome Powell Wednesday, three administration officials said. He’s also met with current Fed Chair Janet Yellen and White House economic adviser Gary Cohn, who are both in the running for the post, the officials said.