In the News

Washington Brief

• President Donald Trump’s pool of potential hires to fill key vacancies at the Federal Reserve includes General Electric Co. executive David Nason, former BB&T Corp. Chief Executive John Allison and Rep. French Hill (R-Ark.). His choices skew toward banking industry veterans rather than academics. (The Wall Street Journal)

• House Financial Services Committee Chairman Jeb Hensarling (R-Texas) said Democrats want a “benevolent dictator” in the form of the Consumer Financial Protection Bureau. Hensarling is leading the charge in the House to overhaul the agency. (The Dallas Morning News)

• GOP senators including Sen. John Thune (R-S.D.) met with Trump trade officials Peter Navarro and Jason Greenblatt, who laid out the broad points of the administration’s trade agenda. But lawmakers still have questions about the precise roles and goals of Trump’s trade policymakers. (The Hill)