Gary Cohn will not be selected for Fed Chairman

While much of the market;'s focus is who will replace Yellen when he term ends on the 3rd of Feb, Trump is said to decide against Gary Cohn, former COO and president of Goldman Sach, for Fed Chairman 

• Goldman Sachs recruited Cohn in 1990, marking the beginning of a 26-year before he took up the role of director of the National Economic Council in the Trump administration.