JACKSON HOLE, Wyo. — This year’s gathering of the world’s central bankers had a theme as lofty as the Grant Teton Mountains which loomed over their meeting place — “Fostering a Dynamic Global Economy.”
But while many hours were devoted to sitting in a windowless conference room dissecting the symposium’s academic papers on how to bolster lacklustre global growth, one hot topic was not on the program — who will President Donald Trump nominate to be the next leader of the Federal Reserve once current Chair Janet Yellen’s four-year term is up next February.
Trump has said he is considering picking Yellen for a second term despite the harsh things he said about her during last year’s presidential campaign. But he has also said Gary Cohn, the head of Trump’s National Economic Council and the man overseeing the selection process, is in the running as well.
On the record,
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