WASHINGTON—President Trump’s next nominee to the Federal Reserve board may be one of his former domestic policy aides who now oversees economic policy studies at the conservative Heritage Foundation.
Paul Winfree, who was deputy director of the White House Domestic Policy Council, is under consideration for one of the two open positions on the Federal Reserve Board, White House officials said.
Winfree confirmed that he has been contacted by the White House about the potential nomination and has expressed interest in the job.
White House officials cautioned that consideration of Winfree was still in the early stages. There have been no clear alternatives for Fed board nominees since former restaurant executive Herman Cain and conservative commentator Stephen Moore withdrew their names from consideration in recent weeks in the face of resistance from some Republican senators.
An expanded version of this story is available at WSJ.com.
Popular on WSJ.com:
Opinion: For fear of William Barr
Shark attacks have Cape Cod on edge