‘Shadow’ Fed chief would not influence policy debate, Goolsbee tells CNBC

  Any move by U.S. President Donald Trump to name a replacement for Federal Reserve Chair Jerome Powell would have no influence on monetary policy while the nominee awaited confirmation, Chicago Fed President Austan Goolsbee said on Thursday. Any move by U.S. President Donald Trump to name a replacement for Federal Reserve Chair Jerome Powell would have no influence on monetary policy while the nominee awaited confirmation, Chicago Fed President Austan Goolsbee said on Thursday.