Trump said he’s started Fed chair interviews but that “I think we already know the choice for Fed chair”.
With that, he also said they have some surprising names for Fed chair and “we may go the standard way”.
That last detail is good news if you like stability. Who would that mean though? Waller? He certainly made a strong case yesterday.
The five names on the short list are:
- Fed Governors Christopher Waller
- Fed Gov Michelle Bowman
- National Economic
Council Director Kevin Hassett - former Fed Governor Kevin Warsh
- BlackRock executive Rick Rieder
The ‘standard way’ would be an insider, right? So that would rule out everyone but Bowman and Waller. Though you could argue Warsh and maybe Hassett would qualify.
