White House eyes Mester for Fed vice chair opening - source

By Kitco News / February 13, 2018 / www.kitco.com / Article Link

WASHINGTON, Feb 13 (Reuters) - The White House has spoken with Loretta Mester, the president of the Federal Reserve Bank of Cleveland, about the vice chair opening at the Federal Reserve Board, a person familiar with the process said on Tuesday.

The source said the team considering nominees for the opening was impressed with Mester, but said there was no front-runner for the position at this point, and declined to confirm names of other candidates under consideration.

A Cleveland Fed spokesman declined to comment on the matter to Reuters. The consideration of Mester for the job was first reported by the Wall Street Journal.


(Reporting by Steve Holland and Ann Saphir Editing by Jonathan Oatis)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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