Derek Kan, a U.S. Transportation Department undersecretary, tours infrastructure projects in Modesto, Calif., in October.
President Trump has struggled to find candidates for the Fed who are acceptable to the senators who vote on whether to confirm them. Trump has named four people for the two open seats on the board of governors. None of them has made it through the Senate, raising questions about the White House vetting process for his picks.
The White House hasn’t made a shortlist of candidates, but instead has a handful of names that the Trump administration is actively considering as advisors continue to gather resumes, according to one of the people familiar with the matter who discussed the search on condition of anonymity. The White House declined to comment.Kan won Senate confirmation by a 90-7 vote for his current job at the Transportation Department.
Cain and Moore dropped their candidacies after Republicans and Democrats spoke out against them. Cain was criticized over allegations of sexual harassment, and Moore over his past writings about women.
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