Fed’s Williams says pick of Fed Vice Chair up to Trump

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FILE PHOTO - John Williams of the Federal Reserve Bank of San Francisco at the Milken Institute Global Conference in Beverly Hills
FILE PHOTO – John C. Williams, President and CEO of the Federal Reserve Bank of San Francisco, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S. on May 2, 2016. REUTERS/Lucy Nicholson/File Photo

January 19, 2018

SAN FRANCISCO (Reuters) – San Francisco Federal Reserve President John Williams on Friday did not comment on reports Thursday that he is under consideration by the White House to be the Fed Board’s No. 2, succeeding Stanley Fischer who resigned late last year.

“I’m not going to comment on that at all,” he told reporters after an event at the Fed’s headquarters. “This is a decision the president of the United States makes. I am not going to speculate on what will happen there.” Asked if he had met the president, he said, “I’ll just leave it at that.”

(Reporting by Ann SaphirEditing by Chizu Nomiyama)

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