Mohamed El-Erian, Chief Economic Advisor of Allianz and Former Chairman of President Obama's Global Development Council, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Lucy Nicholson

WASHINGTON (Reuters) - The White House is considering Mohammed El-Erian, chief economic adviser at German insurance giant Allianz, among other possible candidates, to be a vice chair at the U.S. Federal Reserve, CNBC said on Tuesday, citing a report from Dow Jones.

CNBC said that, according to the report, a broad range of candidates were under consideration. Asked by Reuters about the report, a White House spokesperson declined to comment.