Trump's Fed chair dilemma

He probably wants someone who favors low interest rates and financial deregulation. Good luck ...

Federal Reserve Chairman Janet Yellen.
(Image credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

There's yet another staffing change looming for the already new-look Trump administration: the chair of the Federal Reserve.

The current chair, Janet Yellen, will finish out her four-year term early next year. At that point, President Trump will have to nominate a replacement, to be confirmed by the Senate. And the question of just who that replacement will be is already roiling the White House.

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