PANews August 7 news, according to Jin Ten reports, Trump stated that he may nominate an interim Federal Reserve board member in the coming days to fill the vacancy, rather than using this opportunity to indicate his preferred candidate for the next Federal Reserve chair.
"We may appoint an interim candidate first, and then confirm the official candidate," Trump said to reporters at the White House on Wednesday. "I think the interim candidate will be announced in the next two to three days, and then we will appoint the official candidate." Trump stated he is considering "about" three candidates for the position, who may come from Wall Street. He added that Secretary of Commerce Ross, Secretary of the Treasury Mnuchin, and Vice President Pence are all advisors involved in the process. Trump reiterated that he still sees former Federal Reserve board member Kevin Warsh and National Economic Council Director Kevin Hassett as the main candidates for the chair position vacancy.