October 20, 2017 / 6:37 PM / 9 months ago

Trump says considering having both Powell and Taylor serve at Fed

WASHINGTON (Reuters) - President Donald Trump said on Friday he was considering tapping both current Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor to serve in top posts at the U.S. central bank.

Federal Reserve Board Governor Jerome Powell discusses financial regulation in Washington, U.S., October 3, 2017. REUTERS/Joshua Roberts

“It is in my thinking, and I have a couple of other things in my thinking, but I like talent and they’re both very talented people,” Trump said in an interview with Fox Business Network when asked about the possibility of having one serve as Fed chair and the other as a vice chair. “It’s a hard decision.”

Reporting by Tim Ahmann; Editing by James Dalgleish

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