Trump Advisers Said to Lean Toward Taylor or Powell

The transcript discusses President Trump's deliberation over the appointment of the next Federal Reserve Chair. He has not yet decided, having recently met with Janet Yellen. Trump is considering candidates like John Taylor, known for his hawkish stance, and Jay Powell, a current Fed governor. Treasury Secretary Steve Mnuchin supports Powell due to his banking expertise and openness to regulation. The decision is deemed crucial, with Trump recognizing its significance as one of his most important presidential appointments.

What recent action did Trump take regarding the Fed chair decision?

• He appointed Janet Yellen.

• He met with Janet Yellen.

• He dismissed Janet Yellen.

• He ignored Janet Yellen.

Who are the two main candidates being considered for the Fed chair position?

• Donald Trump and Janet Yellen

• John Taylor and Jay Powell

• Steve Mnuchin and Mr. Moody

• Janet Yellen and Steve Mnuchin

Why is Jay Powell being considered for the Fed chair position?

• He is a well-known economist.

• He is a close friend of Trump.

• He has a strong political background.

• He has banking experience and is open to regulation.

What is the significance of the Fed chair decision for Trump's presidency?

• It is a minor decision with little impact.

• It is one of the most important appointments he will make.

• It is a decision that will only affect the economy slightly.

• It is a decision that will be easily reversible.

When is the Fed chair announcement expected to be made?

• This week

• Next month

• Already announced

• Unlikely to come this week