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 is Trump's current stance on the Fed chair position?

Who did Trump meet with regarding the Fed chair position?

What are the two candidates mentioned for the Fed chair position?

What qualities does Steve Mnuchin see in Jay Powell?

Why is the decision on the Fed chair considered important by Trump?