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"Fed megaphone": Waller is unlikely to be elected chairman of the Federal Reserve next year

Internet reports, Nick Timiraos, the "mouthpiece of the Federal Reserve": Waller is unlikely to be elected chairman of the Federal Reserve next year. Unlike some other potential candidates, Waller has been making tough remarks for a decade, only to eventually meet a president who wants to pursue dovish policies. The key challenge facing Trump's next chairman is to persuade the committee to see things from his or her perspective. That may have become a bigger challenge in recent days, as Trump has made it very clear that he wants someone to follow his orders.

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