Trump and Mnuchin met with Warsh to discuss Fed chair
President Donald Trump and Treasury Secretary Steven Mnuchin met Thursday with Hoover Institution fellow Kevin Warsh to discuss potentially nominating him as the next chairman of the Federal Reserve, an administration official said.
Warsh is a former member of the Fed’s board of governors. Other people Trump is said to be considering for Fed chair include the current chairwoman, Janet Yellen, Stanford economist John Taylor, former BB&T Corp. CEO John Allison and Columbia University economist Glenn Hubbard. Trump has said he’s also considering White House National Economic Council Director Gary Cohn,
Two other people familiar with the matter, also speaking on condition of anonymity, confirmed the meeting took place but would not describe the topic.
The Wall Street Journal reported on the meeting earlier.
Crux note: Jim Rickards has been telling readers for months that he believes Warsh will likely get the nod. Read more about Trump’s unprecedented control over the future of the Fed and what Jim thinks will happen next here and here.