The Guggenheim CIO says he had been approached by the White House about possibly joining the Federal Reserve.
Minerd says discussions took place over the past couple of months before President Donald Trump announced his intention to nominate Judy Shelton and Christopher Waller.
"It would be a great opportunity to serve the Federal Reserve," says Minerd. But he adds he would not necessarily accept the job if it were offered. Scott Minerd, founding managing partner at Guggenheim, at WEF in Davos, Switzerland on Jan. 22, 2019.The chief investment officer of Guggenheim said on CNBC on Monday that he had been approached by the White House about possibly joining theGuggenheim's Scott Minerd said that discussions took place over the past couple of months before President
announced his intention to nominate former advisor Judy Shelton and St. Louis Fed official Christopher Waller to fill vacant seats on the Federal Reserve Board of Governors.t " that he had not been officially asked to join the Fed, but "there have been discussions."Meanwhile, Minerd said he would not necessarily accept the job if it were offered. "It would be a great opportunity to serve the Federal Reserve," he explained.
"I am one of the largest shareholders of Guggenheim Partners," he continued. "The importance of our continued growth is going to weigh in that decision." Guggenheim has
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