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Trump's team has included Bowman, Jefferson, and Logan among the candidates for Fed Chair.
[Trump's team includes Bowman, Jefferson, and Logan in the list of candidates for Federal Reserve Chairman] According to two U.S. government officials, Federal Reserve Vice Chairs Bowman and Jefferson, along with Dallas Fed President Logan, are being considered for the position when it becomes vacant next year. Treasury Secretary Basant, who is responsible for the selection, stated that he will interview more candidates in the coming weeks. Officials said Trump is expected to make a final announcement this fall. Insiders mentioned that other candidates still under consideration include Trump's economic advisor Kevin Hassett, Federal Reserve Board of Governors member Waller, economist Mark Summerlin, and former Federal Reserve officials Kevin Walsh and James Bullard. Last week, Trump nominated Stephen Milan, chairman of the White House Council of Economic Advisors, to fill the Federal Reserve Board of Governors seat. Officials indicated that since Milan's nomination has been submitted for Senate confirmation, Trump's team believes there is no rush to find a new chairman. Basant will interview all chairman candidates and then recommend a short list of candidates to the president for a meeting.