Trump team considers former White House adviser Paul Winfree for Fed post after Moore withdraws
By Damian Paletta Damian Paletta Reporter covering economic policy Email Bio Follow May 3 at 4:43 PM White House officials are plotting their next move to fill the Federal Reserve’s board of governors after President Trump’s previous two picks failed to get needed GOP support, but they have not reached a final decision on whom to nominate.
But another person familiar with the discussion said the former staffer was not being seriously considered. All three people spoke on the condition of anonymity because they were not authorized to discuss internal deliberations. There are two open seats on the Fed’s seven-member Board of Governors. Trump said he wanted to nominate two political loyalists — business executive Herman Cain and conservative commentator Stephen Moore — to fill the slots, but both were met with a wave of opposition from GOP lawmakers before the paperwork was even complete.
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