Trump seen replacing Yellen at Fed with NEC's Cohn: Politico

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National Economic Council Director Gary Cohn speaks at 2017 Institute of International Finance (IIF) policy summit in Washington, U.S., April 20, 2017. REUTERS/Yuri Gripas (Copyright Reuters 2017)

President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen next year for a second term and National Economic Council Director Gary Cohn is the leading candidate to succeed her, Politico reported on Tuesday, citing four people close to the process.

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(Reporting by Eric Beech; Editing by David Alexander)