WSJ reports US President Trump likely to select Powell as the next Fed chair

The Wall Street Journal does hedge that the president hasn’t made a formal decision and could still change his mind

  • President Donald Trump is likely to announce Federal Reserve governor Jerome Powell … according to a person familiar with the matter

But Trump … could still change his mind, several people familiar with the matter said.

More:

  • The day of the announcement is still unclear

Note … selection by the President is a nomination, it’d have to be confirmed by the Senate.

Current Chair is Janet Yellen, her term expires in February 2018. She is one of the candidates being considered.

Need to rename this song slightly in honour of Jerome

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