President Donald Trump is unlikely to nominate his economic adviser Gary Cohn to become Federal Reserve chairman, the Wall Street Journal reported Wednesday. The report said that Cohn’s chances dropped after he criticized the president’s response to the Charlottesville alt-right protests, the report said, quoting people familiar with the president’s thinking. Trump had earlier said that Cohn was in the running for the job.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News