Jim Cramer: I'm Concerned About the Federal Reserve's Balance Sheet

Who will President Trump nominate as a replacement for Federal Reserve Chair Janet Yellen?
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said he wanted National Economic Council Director Gary Cohn nominated as Federal Reserve Chair.

Cohn is former COO of Goldman Sachs (GS) - Get Report .

"I don't want the Fed to bleed off its bonds - I want [the Fed] to sell its bonds," Cramer said. "One of the big dangers in this system is the Fed's large bond holding."

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