Ben Bernanke

Trump floats Gary Cohn for Fed chief — or maybe he'll keep Janet Yellen

Trump floats Gary Cohn for Fed chief — or maybe he'll keep Janet Yellen

President Trump said Tuesday that he's considering either re-nominating Janet L. Yellen for a second term as Fed chief or replacing her with someone else, possibly Gary Cohn, who leads his National Economic Council.

Trump said in an interview with the Wall Street Journal that he has a “lot of respect” for Yellen and thinks she is serving capably. The president said he is still considering asking her to serve four more years after her term ends in February. But he said he's also considering other candidates, including Cohn, who joined the Trump administration after a 26-year career at Goldman Sachs.

Yellen has declined to say whether she wants to serve another term. She has...

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