He is playing too big a role in the tax reform
It is being reported that one of the 5 short listed candidates is now off the list for Fed chair.
Gary Cohn is reported to be off the consideration list. According to sources, Cohn is too involved with tax reform. Of course, Cohn has not always seen eye to eye with Trump on things he does and says (especially the Charlottesville white supremacist conflict).
That leaves:
- Jerome Powell (on current Fed board)
- Kevin Warsh (young but from a wealthy family who is a big Republican donor)
- John Taylor (considered a hawk), and
- current Fed Chair Yellen (liberal Democrat who has ties to Obama and likes banking regulation).
And as always, the decision will come very, very, very, very, very, very soon.
