Judy Shelton, a longtime Fed critic who favors gradually taking interest rates to zero, is being considered for a seat on the board of governors. Source: NYT > Business – JEANNA SMIALEK
Trump Won’t Nominate Stephen Moore for Fed Board
Mr. Moore, who had yet to be formally nominated, appeared unlikely to win Senate confirmation after several Republican lawmakers raised concerns about his past writings denigrating women. Source: NYT > Business – MAGGIE HABERMAN and JIM TANKERSLEY
Moore’s Columns Deriding Women Raise New Questions for Trump Fed Pick
Stephen Moore’s past columns and appearances contain potential roadblocks to confirmation — including a history of writing about women in unflattering terms. Source: NYT > Business – JIM TANKERSLEY
DealBook Briefing: Herman Cain Says the Fed Can’t Afford Him
The business man no longer wants to join the Fed’s board, citing a pay cut that would make others tell their boss “where to go.” Source: NYT > Business –
Trump Will Not Nominate Herman Cain to Fed Board
Facing bipartisan opposition in the Senate, former pizza executive and presidential candidate Herman Cain withdraws from consideration for the Federal Reserve. Source: NYT > Business – JIM TANKERSLEY and ALAN RAPPEPORT
As Fed Chief, Jerome Powell Navigates an Angry President and Turbulent Markets
How Jerome H. Powell handles the next few months will be a critical test of his leadership skills, as he tries to guide the bank through a highly uncertain moment in the global economy. Source: NYT > Business – JIM TANKERSLEY and NEIL IRWIN