Skip to main content
Thursday, November 12, 2026Nov 12

Trump: Considering Powell and Taylor for Fed’s top 2 posts

FILE - In this Tuesday, Sept. 26, 2017, file photo, Federal Reserve Chair Janet Yellen speaks to a student at a job training center in Cleveland. On Friday, Oct. 20, Yellen is scheduled to speak at the British Embassy in Washington on the subject of monetary policy since the financial crisis. (AP Photo/Dake Kang, File)
FILE - In this Tuesday, Sept. 26, 2017, file photo, Federal Reserve Chair Janet Yellen speaks to a student at a job training center in Cleveland. On Friday, Oct. 20, Yellen is scheduled to speak at the British Embassy in Washington on the subject of monetary policy since the financial crisis. (AP Photo/Dake Kang, File) FILE - In this Tuesday, Sept. 26, 2017, file photo, Federal Reserve Chair Janet Yellen speaks to a student at a job training center in Cleveland. On Friday, Oct. 20, Yellen is scheduled to speak at the British Embassy in Washington on the subject of monetary policy since the financial crisis. (AP Photo/Dake Kang, File)

WASHINGTON (AP) – President Donald Trump signaled Friday that he is considering dual nominations for the Federal Reserve’s top two jobs.

Trump may appoint Jerome Powell, a member of the Fed’s board, potentially as chairman, and John Taylor, a Stanford University economist, as vice chairman, according to a transcript of an interview with Trump distributed by Fox Business.

Asked about that possibility, Trump said, according to Fox Business: “It is in my thinking, and I have a couple of others things in my thinking but I like talent and they’re both very talented people. It’s a hard decision.”

The interview is to air Sunday.

Speculation about Trump’s choice has intensified on Wall Street and in Washington as several candidates have met with the president in recent weeks.