Former Fed Governor Larry Lindsey withdraws name for Fed chair

Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from consideration for the position of Fed chair, CNBC’s Eamon Javers reported on Thursday.

“I have a very full varied and enjoyable life right now that I don’t want to give up to go through the mill of public life,” Lindsey told Javers via text message on Thursday.

Lindsey was one of the candidates being interviewed by Treasury Secretary Scott Bessent. President Donald Trump has been considering a list of candidates to replace Federal Reserve Chairman Jerome Powell for when his term expires in May.