• Trump is reportedly considering Allianz' Mohamed El-Erian for a post at the Fed

    5 days ago - By Chron

    REUTERS/Fred Prouser
    President Donald Trump is reportedly considering Allianz chief economic advisor and ex-Pimco CEO Mohamed El-Erian for Fed board governor.
    The news has been reported by Dow Jones/WSJ and CNBC, each citing a single anonymous source.
    El-Erian has plenty of financial sector experience and monetary policy knowledge but could be criticized for being a creature of Wall Street.
    President Donald Trump's economic team is reportedly considering Allianz economist and former CEO of bond fund giant Pimco Mohamed El-Erian for one of four open seats on the Federal Reserve's powerful...
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