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Trump is reportedly considering Allianz’ Mohamed El-Erian for a post at the Fed





el-erian

  • President Donald Trump is reportedly considering Allianz chief economic advisor and ex-Pimco CEO Mohamed El-Erian for Fed board governor.
  • The news has been reported by Dow Jones/WSJ and CNBC, each citing a single anonymous source.
  • El-Erian has plenty of financial sector experience and monetary policy knowledge but could be criticized for being a creature of Wall Street.

President Donald Trump’s economic team is reportedly considering Allianz economist and former CEO of bond fund giant Pimco Mohamed El-Erian for one of four open seats on the Federal Reserve’s powerful Washington-based board of governors.

The news was first reported by Dow Jones Newswires, which is read more >>>

Source:: BusinessInsider.Com

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