FEDERAL RESERVE/TRUMP AS PRESIDENT: “President Donald Trump plans to meet Thursday [10-19-17] with Federal Reserve Chairwoman Janet Yellen to discuss the possibility of nominating her for a second term as central-bank chief, according to a person familiar with the matter.
Ms. Yellen’s four-year term as chairwoman expires in early February. She is one of several people under consideration for the Fed job, along with former Fed governor Kevin Warsh, current governor Jerome Powell, Stanford University economist John Taylor and National Economic Council Director Gary Cohn.
Mr. Trump met with Mr. Taylor on Wednesday, and interviewed Messrs. Warsh and Powell late last month.
Politico reported earlier that Mr. Trump would meet with Ms. Yellen this week to discuss the matter.
Ms. Yellen, who took the helm of the central bank in 2014, has remained in the running for another term as chairwoman while White House aides searched for possible successors, some of whom have openly criticized Fed policy during her tenure.
Mr. Trump told The Wall Street Journal in July he was considering renominating Ms. Yellen after her current term as chairwoman expires. She met with White House adviser Ivanka Trump, the president’s daughter, in July and had a 15-minute meeting with Mr. Trump in February.”
-Peter Nicholas and Kate Davidson, “Trump to Meet With Yellen Thursday to Discuss Fed Chief Renomination,” The Wall Street Journal online, Oct. 16, 2017 04:00pm