Detailed text transcripts for TV channel - CNN - 20171102:09:41:00
Reserve today. it could mean current chief janet yellen is out of a job. it is one of the most powerful jobs in the world. the president told reporters they'd be impressed. the current frontrunner is fed governor jerome powell is what a white house official tells cnn. he's been on the federal reserve's board since 2012. the a republican. he would be the first fed chief in more than 40 years who is not an economist. yellen's term is up in february and powell has listen right along side her for much of her agenda. there wouldn't be a huge shift. but regulation, that will likely be another story....
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