President Donald Trump on Jan. 21 suggested he is narrowing down his pick for the next chair of the Federal Reserve, and indicated he prefers keeping White House economic adviser Kevin Hassett in his current position.
Speaking with CNBC’s Joe Kernen in Davos, Switzerland, on Wednesday, Trump discussed the three candidates for Fed chair that he and his top aides have named publicly: BlackRock’s chief bond investment manager, Rick Rieder, Fed Governor Christopher Waller, and former Fed Governor Kevin Warsh.
“I like actually keeping [Hassett] where he is, you want to know the truth. I don’t want to lose him. He’s so good on television,” Trump told CNBC. “I’d say we’re down to three [candidates], but we’re down to two. And I probably can tell you we’re down to maybe one in my mind.”…
Trump Indicates He May Be Narrowing Down Fed Chair Pick to One Candidate
