April 11, 2019 / 1:54 PM / 14 days ago

White House's Kudlow says Jerome Powell can turn into good Fed chairman

WASHINGTON, April 11 (Reuters) - White House economic adviser Larry Kudlow said on Thursday that he has confidence in Federal Reserve Chairman Jerome Powell and believes he will turn into a good central bank chairman.

At a speaking event, Kudlow also said the White House is sticking by Herman Cain as a candidate for a Federal Reserve Board seat at the moment. President Donald Trump insists that Cain go through the Senate confirmation process but still supports him, said Kudlow.

Reporting By Jeff Mason Editing by Chizu Nomiyama

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