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White House's Kudlow underscores faith in Jerome Powell for Fed chairman's post


Devdiscourse News Desk
Updated: 11-04-2019 19:47 IST
White House's Kudlow underscores faith in Jerome Powell for Fed chairman's post

Kudlow also said the White House is sticking by Herman Cain as a candidate for a Federal Reserve Board seat at the moment. Image Credit: Flickr

White House economic adviser Larry Kudlow said on Thursday that he has confidence in Federal Reserve Chairman Jerome Powell and believes he will turn into a good central bank chairman. At a speaking event, Kudlow also said the White House is sticking by Herman Cain as a candidate for a Federal Reserve Board seat at the moment.

President Donald Trump insists that Cain go through the Senate confirmation process but still supports him, said Kudlow.

(With inputs from agencies.)

COUNTRY : United States