ME message, December 13 (UTC+8), December 13, U.S. President Donald Trump stated on Friday that Kevin Warsh has risen to the top of his list of candidates for the next Federal Reserve chairman, although other candidates are still in the running. Warsh, who was previously seen as a candidate for Trump’s list but not the frontrunner (he himself served as a Federal Reserve governor), has evidently gained further favor after meeting with Trump on Wednesday. "Yes, I think he is," Trump said to the media when asked if Warsh is ranked first, according to an interview released on Friday afternoon. Speaking about the previously favored candidate, National Economic Council Director Kevin Hasset, Trump said, "I think both Kevins are great." "I think there are several other excellent candidates as well," he added. Hasset had previously become the leading candidate. In public appearances, when asked about the possibility of taking over the position, he has remained cautious, only stating that he would accept if invited. Massachusetts Democratic Senator Elizabeth Warren expressed concern on Thursday on CNBC that Trump would appoint a "puppet" to serve as Federal Reserve chairman to carry out his wishes. Besides emphasizing that Warsh may be favored for the position, Trump reiterated his past view that the Federal Reserve chairman should consult the President on interest rate decisions. This move would upend the tradition of the Federal Reserve maintaining its independence. (Source: ME)
