FEDERAL RESERVE/GOP/NOMINATIONS/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [10-24-17] asked Republican senators for a show-of-hands poll on two candidates he is considering to be the next chairman of the Federal Reserve.
The president, who was on Capitol Hill at a Senate GOP caucus lunch, asked the group which candidate they preferred to lead the Fed—current Fed governor Jerome Powell or Stanford University economics professor John Taylor, according to several lawmakers present…
The president also mentioned current Fed Chairwoman Janet Yellen, but didn’t include her in the informal poll…
Mr. Trump has interviewed Messrs. Taylor, Powell and Warsh and Ms. Yellen for the job. His top economic adviser, Gary Cohn, is also a candidate…
White House officials said the president is putting considerable thought into the selection, aware of the stakes. He has informally sought advice on the Fed job in Oval Office meetings devoted to other subjects, the person familiar with the matter said.
The president told reporters Monday he is ‘very, very close’ to a decision.”
-Kate Davidson and Peter Nicholas, “Trump Asks GOP Senators: Should Taylor or Powell Be Fed Chief?,” The Wall Street Journal online, Oct. 24, 2017 04:55pm