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NFIB Weekly News

NFIB Weekly News Business Climate

White House Seeking Fed Chair That Supports Deregulation. (10/10/2017)

Bloomberg News (10/6, Torres, Jacobs, Mohsin) reported “the White House team leading the search for the next generation of Federal Reserve leaders is seeking contenders willing to roll back financial regulations, but also with experience in monetary policy and the consensus-building skills to run a large organization, according to three officials familiar with the process.” The article added President Trump has a “shortlist of five names for Fed chair: former Fed Governor Kevin Warsh, Stanford University economist John Taylor, current Fed Governor Jerome Powell, National Economic Council Director Gary Cohn and the current chair, Janet Yellen.”