President Donald Trump announced on Tuesday the names of two nominees to fill vacant posts on the Federal Reserve Board, after two of his earlier choices withdrew from consideration in the face of criticism. Trump said on Twitter he intends to nominate Christopher Waller, an executive vice president at the Federal Reserve Bank of St. Louis, and Judy Shelton, the...
ST. LOUIS, June 25- St. Louis Federal Reserve President James Bullard said on Tuesday that he had been approached by the White House about a possible seat on the Federal Reserve Board of Governors, but said he would not consider leaving his current job. Trump has grown increasingly critical of Fed Chairman Jerome Powell in recent months, slamming him for steering...
Dino Kos, chief regulatory officer at CLS, joins "Squawk Box" to discuss the future of the Fed now that Herman Cain has withdrawn his name from consideration for the Federal Reserve Board.
Federal Reserve nominee Herman Cain is withdrawing his name for consideration after some resistance from Senate members. CNBC's Ylan Mui reports.
Republicans are close to stopping the nomination of Herman Cain to the Fed board if it is sent to the Hill. Sarah Bloom Raskin, former Fed Reserve governor and former deputy treasury secretary under Pres. Obama joins 'Closing Bell' to discuss the opposition and comments from Fed vice chair Richard Clarida.
Republican opposition has reached a level of stopping the nomination of Herman Cain to the Fed board if it is sent to the hill. CNBC's Kayla Tausche reports.
The director of Trump's National Economic Council struck a decidedly noncommittal note when asked about Cain's support within the White House. On Capitol Hill, Cain's prospects for Senate confirmation grew dimmer by the day.
Watch CNBC's full interview with Vice President Mike Pence. Joe Kernen asks the vice president about Venezuela, the economy, jobs, the Federal Reserve, socialism and much more.
Herman Cain's path to the Federal Reserve board could be blocked before the president even nominates him. At least three GOP senators reportedly plan to vote against Cain, if the president formally chooses him. Staffers for Senators Mitt Romney and Lisa Murkowski confirmed their opposition to Cain and reports say Senator Cory Gardner also plans to vote against him. Vice President Mike Pence weighs in on the nomination process and what President Trump is considering for the role on the board.