Trump asked GOP Senators for Show of Hands on Fed Nominee Choices

President Donald Trump asked Senate Republicans for a show of hands in support of potential nominees for chairman of the Federal Reserve as he took part in a lunch meeting Tuesday with the fractious caucus, two lawmakers said.

Texas Republican Senator John Cornyn the chamber’s No. 2 GOP lawmaker, declined to say which names Trump ticked off or who drew the most raised hands. But Senator Tim Scott said Trump asked specifically about Stanford University economist John Taylor and Federal Reserve Governor Jerome Powell. He also mentioned the current Fed chair, Janet Yellen in his discussion.

Trump “didn’t announce a winner, but I think Taylor won,” Scott of South Carolina said. Another senator, Mike Rounds of South Dakota, said it was tough to judge who was favored because most senators didn’t raise their hands.

One of those who didn’t was Tennessee Senator Bob Corker, who earlier in the day said Trump’s legacy would be “the debasement of our nation.”“I don’t think that’s a very good way to pick a Fed chair so I declined to participate,” Corker said.

https://www.bloomberg.com/news/articles/2017-10-24/trump-asks-gop-senators-for-show-of-hands-on-fed-nominee-choices