“The president will engage in a careful and thoughtful process with his senior economic team to appoint the chairman of the Federal Reserve in a timely manner,” a White House official said. The White House declined to comment on specific names that could be under consideration for Fed chairman and other vacancies on the seven-member board of governors. “The president will appoint the candidates he thinks will be most effective in managing monetary policy,” a White House official said. Administration officials said Mr Biden would consult with his top economic advisers, including Treasury Secretary Janet Yellen, ... (full story)