Federal Reserve Board member Milan said on Wednesday that he would be "very happy" to stay on at the Federal Reserve for a long time if asked, but the decision is not in his hands. According to Odaily Planet Daily, Milan's term in the position has expired, making it the only seat that President Trump can nominate his Federal Reserve Chairman candidate, former Federal Reserve Board member Warsh. Unless Federal Reserve Chairman Powell resigns from his position as a Federal Reserve Board member when his term expires in mid-May. Powell has not indicated his intentions regarding staying or leaving. Milan stated in an interview, "The developments for the rest of this year depend on multiple factors: whether there are any vacant positions, the president's choices, and the Senate's confirmation decisions."
