00:00U.S. President Donald Trump said on Thursday, December 18th, he interviewed Federal Reserve Governor Christopher Waller a day earlier as a candidate to succeed Jerome Powell as Fed Chair, praising him as great.
00:12Trump said three or four finalists remain in contention for the post.
00:18How many people are you interviewing for the Fed Chairman and what did you think of Chris Waller?
00:23I think he's great. I mean, he's been a man who's been there a long time, somebody that I was very involved with, a sense of his career, and he's a fantastic man.
00:35I met him yesterday. We're talking to three or four. I think every one of them would be a good choice, honestly.
00:43We'll be making a decision pretty quick.
00:45Is Michelle Bowman on that list too? Are you going to interview her?
00:47She's fantastic. She's a fantastic president.
00:51When do you expect to make your announcement about the new Fed chair, sir? Before the end of the year? What do you think?
00:57Over the next couple of weeks. I mean, I don't know before the end of the year, but pretty soon.
01:01Powell's four-year term as Fed expires in May, and Trump has said he wants a successor who will support growth-friendly monetary policy.
01:10Alongside Waller and Bowman, other names in contention include White House Economic Advisor Kevin Hassett and former Fed Governor Kevin Warsh.
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