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VOL. 41 | NO. 41 | Friday, October 13, 2017

Source: Trump to meet with Yellen to discuss Fed job

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WASHINGTON (AP) — Federal Reserve Chair Janet Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank, according to a source familiar with the administration's Fed search.

Trump has said Yellen is one of several candidates he is considering for the Fed's top job. Yellen's current term ends on Feb. 3.

Trump met with Stanford University economics professor John Taylor last week. He interviewed former Fed board member Kevin Warsh and current Fed board member Jerome Powell late last month. Trump has also said economics adviser Gary Cohn is being considered.

Treasury Secretary Steven Mnuchin said last week that the president hopes to have a decision on the Fed position within a month.

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