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Yellen and Cohn said to be on shortlist for new head of the Federal Reserve

The list also includes Jerome H Powell, a member of the Fed's board of governors; Kevin Warsh, a former Fed governor; and the Stanford University economist John B Taylor, the officials said

North Korean leader Kim Jong Un, center, celebrates what was said to be the test launch of an intermediate range Hwasong-12 missile at an undisclosed location in North Korea. (Photo: PTI | AP)
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North Korean leader Kim Jong Un, center, celebrates what was said to be the test launch of an intermediate range Hwasong-12 missile at an undisclosed location in North Korea. (Photo: PTI| AP)

Kate Kelly & Binyamin Appelbaum | NYT Washington
The White House has created a list of about a half-dozen candidates to be the next leader of the Federal Reserve, including its current chairwoman, Janet L Yellen, and the president’s chief economic adviser, Gary D Cohn, according to two administration officials and a third person with knowledge of the process.

The list also includes Jerome H Powell, a member of the Fed’s board of governors; Kevin Warsh, a former Fed governor; and the Stanford University economist John B Taylor, the officials said. Preliminary interviews with some candidates have already begun with an eye toward presenting finalists to President Trump