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Who’s Next For The Fed?

Who’s Next For The Fed?

A group of GOP senators has a list of approximately a dozen potential candidates to fill the two Federal Reserve board vacancies – an indication the Republican caucus may take take a more hands-on role in the nomination process to avoid future embarrassment. (Both Stephen Moore and Herman Cain withdrew from consideration in the past two weeks due to controversies in their past that resulted in a lack of sufficient support among Republican Senators.) Meanwhile, among those reportedly on the President’s list is Paul Winfree, former Deputy Director of the White House Domestic Policy Council, and Judy Shelton, U.S. Director at the European Bank for Reconstruction and Development.

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