9/29/2017

FEDERAL RESERVE/NOMINATIONS/STEVEN MNUCHIN/TREASURY/TRUMP AS PRESIDENT: “President Donald Trump and Treasury Secretary Steven Mnuchin met with former Federal Reserve governor Kevin Warsh on Thursday [9-28-17] to discuss his potential nomination as the next Fed chairman, a White House official said, signaling that the West Wing is moving ahead with a process that the president has said he would like to have completed by the end of the year…
Mr. Warsh was a member of the president’s Strategic and Policy Forum, a group of business leaders that disbanded in August in protest over what they said was Mr. Trump’s failure to sufficiently condemn racism. He was also an economic adviser to 2016 Republican presidential candidate Jeb Bush, who was considered the front-runner for the nomination before Mr. Trump’s political rise surprised the political establishment.
Mr. Warsh, a veteran Republican economic policy maker, is married to Jane Lauder, granddaughter of cosmetic icon Estée Lauder . His father-in-law, businessman Ron Lauder, has been lobbying the White House to have the president name his son-in-law to the central bank’s highest post, said people familiar with those conversations…
A White House spokeswoman didn’t immediately return a request for comment. Mr. Warsh also didn’t immediately return a request for comment.”

-Michael C. Bender, “Trump Meets With Former Fed Governor Kevin Warsh About Chairman Job,” The Wall Street Journal online, Sept. 29, 2017 10:10am