White House Denies Cohn Report, Says Considering “At Least Six” For Fed Chair

Jon Government

Denying yesterday’s WSJ report that Trump has “fired” Gary Cohn from his future role as Fed chair due to his strong opposition to Trump’s handling of the Charlotteville tragedy, Bloomberg reports that the White House is considering “at least a half-dozen candidates to be the next head of the Federal Reserve, including economists, executives with banking experience and other business people”
The breadth of the search goes against the narrative that has taken hold in Washington and on Wall Street that the Fed chair nomination is a two-horse race between National Economic Council Director Gary Cohn and current Fed Chair Janet Yellen, whose term expires in February. Actually, according to many, including online betting markets, the race has – for a while – been between mostly Yellen and Kevin Warsh, who as of today are both neck and neck in their online odds of being nominated Fed chair on February 4.

This post was published at Zero Hedge on Sep 7, 2017.