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Waller Reportedly Emerges As Frontrunner In Trump's Hunt To Replace Powell As Fed Chair
(MENAFN- AsiaNet News)
Federal Reserve Governor Christopher Waller is apparently the frontrunner in President Donald Trump's hunt for the next candidate to replace Federal Reserve Chairman Jerome Powell.
Trump and his team of advisers are reportedly impressed with Waller's willingness to implement policy based on forecasting, rather than current data, people familiar with the matter told Bloomberg.
They also said that his in-depth knowledge about how the Federal systems work is also a plus point. The report added that while Waller has already met with Trump's team for the potential job, he is yet to meet the President.
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Read also: Trump Pushes For Intel CEO Resignation, Says He's 'Highly Conflicted'
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