President-elect Donald Trump could be considering a former member of the board of governors of the Federal Reserve to be his Treasury secretary, and eventually Fed chair once Jerome Powell’s term ends. It so happens to be Kevin Warsh, according to the Wall Street Journal, which cited people familiar with the matter.
Warsh and Trump reportedly discussed the two-step process on Wednesday in Mar-a-Lago; it is the center of the political universe, after all. Warsh may be a front-runner for Treasury secretary, per the Journal, but Trump is still undecided. Plus, Trump apparently is still debating how he’ll handle the Fed vacancy; he might even wait until it gets closer to the day Powell is set to leave.
