Why is Gary Cohn Still Hanging Around Trump? Probably To Snag Yellen's Post...

`` Cohn wants Trump to name him chairman of the Federal Reserve Board of Governors, replacing Janet Yellen, whose term expires next February. It would be the perfect way for him to fulfill his boundless ambitions and also give him a graceful exit out of the White House. If he got the job--which he isn't particularly well qualified for; he's not an economist, not that that is a prerequisite (Summers is far better qualified but not under consideration)--he would become the first Goldman Sachs alumnus to become Fed chairman. (Goldman Sachs alumni head up the Bank of England and the European Central Bank.) That would put him in truly rarefied air--above Rubin, Mnuchin and Hank Paulson, all of whom have served as Treasury secretary. It would also remove him from the political fray and put him in a job from which it would be very difficult for Trump to fire him.''