-
Fed chair candidate Waller says he will ‘absolutely’ stress importance of Fed’s independence to Trump
Federal Reserve Governor Christopher Waller told CNBC on Wednesday that he will “absolutely” emphasize the importance of central bank independence to President Donald Trump. Waller is one of five finalists to potentially succeed Jerome Powell when the Federal Reserve chairman’s term ends in May. He is scheduled to have an interview with Trump later Wednesday. “Absolutely,” Waller said when asked by CNBC’s Steve Liesman whether he would emphasize Fed independence during his interview with the president. “I spent 20 years of my life working on central bank independence and why it was important,” he said ... (full story)