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Trump Leaning Towards Kevin Warsh for Fed Chair

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Rachel Bade: “President Donald Trump has narrowed his choice for the next Federal Reserve chair to two candidates and has signaled to allies that he’s likely to choose Kevin Warsh to replace Jerome Powell, according to two sources familiar with the discussions.”

“No official offer has been given, I’m told. But the president has ruled out naming White House economic adviser Kevin Hassett for the job, these people said. And today he met at the White House with Warsh and has been in contact with Wall Street veteran and BlackRock executive Rick Rieder, Trump’s other finalist, one administration official said.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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