The White House is considering nominating Chicago Federal Reserve President Austan Goolsbee to serve as vice chair of the Fed's Board of Governors tosucceed Lael Brainard, who is stepping down to become a top White House economics adviser, the Wall Street Journal reported on Wednesday. Goolsbee, 53, has been head of the Chicago Fed for only about a month and has yet to comment publicly on monetary policy since assuming the role from its long-time chief Charles Evans last month. In his first Federal Open Market Committee meeting two weeks ago, he voted in favor of the Fed's latest rate hike. The Journal's report, ... (full story)