Fed search down to 5 finalists
WASHINGTON (AP) President Donald Trump said Tuesday that he is likely to make his selection for the next Federal Reserve chairman from five candidates, a group that includes current Chair Janet Yellen.
"I would say within those five, you'll probably get the answer," he said when asked by a reporter if he is considering other candidates.
Before Trump met with reporters in the Rose Garden, a White House official speaking on condition of anonymity said that the five finalists are Yellen, current Fed board member Jerome Powell, National Economic Council director Gary Cohn, former Fed board member Kevin Warsh and Stanford University economist John Taylor.
Trump is expected to announce his decision before he leaves Nov. 3 for a trip to Asia. The president is scheduled to interview Yellen on Thursday. After that meeting, he will have met and discussed the job with all five candidates.