BlockBeats news, on August 12, according to Politico, Trump administration officials are expanding the list of candidates to replace Federal Reserve Chairman Powell next year, looking for someone who can gain the trust of both the president and the financial markets.

According to an anonymous government official, the candidates currently being considered include: current Federal Reserve Vice Chair Philip Jefferson and Michelle Bowman, Dallas Federal Reserve Bank President Lorie Logan, former St. Louis Federal Reserve Bank President Jim Bullard, and macroeconomic advisor Mark Summers. The official also indicated that more candidates from the private sector may be considered.