Trump is reportedly considering Allianz’ Mohamed El-Erian for a post at the Fed
|11/15/2017||Posted by BusinessMediaguide.Com under General World News||
- 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 >>>