White House: Trump considering Powell, Taylor for either Fed chair or vice chair

WASHINGTON, Oct 20 (Reuters) - President Donald Trump is considering a scenario in which he would nominate Fed Governor Jerome Powell and Stanford University economist John Taylor for the two top positions at the Federal Reserve Board, White House spokeswoman Sarah Sanders said on Friday.

Under the scenario, Trump would pick one or the other for the Fed chair position and the other for vice chair.

"That is something that is under consideration but he hasn’t ruled out a number of options. He’ll have an announcement on that soon, in the coming days," Sanders told reporters.

Federal Reserve headquarters in Washington:

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Federal Reserve headquarters in Washington
A Federal Reserve police officer keeps watch while posted outside the Federal Reserve headquarters in Washington, September 16, 2015. The Federal Reserve, facing this week its biggest policy decision yet under Chair Janet Yellen, puts its credibility on the line regardless of whether it waits or raises interest rates for the first time in nearly a decade. REUTERS/Kevin Lamarque
A woman jogs past the Federal Reserve headquarters in Washington September 16, 2015. The Federal Reserve, facing this week its biggest policy decision yet under Chair Janet Yellen, puts its credibility on the line regardless of whether it waits or raises interest rates for the first time in nearly a decade. REUTERS/Kevin Lamarque
federal reserve building in...
A woman walks past the Federal Reserve headquarters in Washington September 16, 2015. The Federal Reserve, facing this week its biggest policy decision yet under Chair Janet Yellen, puts its credibility on the line regardless of whether it waits or raises interest rates for the first time in nearly a decade. REUTERS/Kevin Lamarque
The Federal Reserve headquarters in Washington September 16 2015. The Federal Reserve, facing this week its biggest policy decision yet under Chair Janet Yellen, puts its credibility on the line regardless of whether it waits or raises interest rates for the first time in nearly a decade. REUTERS/Kevin Lamarque
The Federal Reserve headquarters in Washington September 16 2015. The Federal Reserve, facing this week its biggest policy decision yet under Chair Janet Yellen, puts its credibility on the line regardless of whether it waits or raises interest rates for the first time in nearly a decade. REUTERS/Kevin Lamarque
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(Reporting By Jeff Mason and Steve Holland; Editing by Chizu Nomiyama)

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