Larry Lindsey, former Federal Reserve governor, has withdrawn his name from consideration for the position of Fed chair. The decision narrows the field of potential nominees as officials continue evaluating candidates.
Breakdown
- Larry Lindsey has withdrawn his name from consideration for Federal Reserve Chair. 11s
- Lindsey was interviewed by Treasury Secretary Scott Bess as part of the selection process. 17s
- Lindsey cited his desire to maintain his current lifestyle as his reason for withdrawing. 24s
- Treasury Secretary Scott Bess is continuing to interview other candidates. 38s
- A shortlist of nominees will be presented to the president for selection. 43s