The Trump administration expands the list of candidates for Federal Reserve Chairman

According to Politico, the Trump administration is expanding the range of candidates to replace Federal Reserve Chairman Powell next year, with the goal of finding someone who can gain the trust of both the president and the financial markets. Potential candidates include Federal Reserve Vice Presidents Philip Jefferson and Michelle Bauman, Dallas Fed President Lori Logan, former St. Louis Fed President Jim Bullard, and macroeconomic advisor Mark Somerlin, with the possibility of considering private sector individuals.