WASHINGTON (Reuters) – White House economic adviser Larry Kudlow said on Thursday that he has confidence in Federal Reserve Chairman Jerome Powell and believes he will turn into a good central bank chairman.
At a speaking event, Kudlow also said the White House is sticking by Herman Cain as a candidate for a Federal Reserve Board seat at the moment. President Donald Trump insists that Cain go through the Senate confirmation process but still supports him, said Kudlow.
(Reporting By Jeff Mason; Editing by Chizu Nomiyama)
