Trump Plans to Replace Janet Yellen, Nominates Jerome Powell for Fed Chair
President Donald Trump announced plans today to nominate Jerome Powell for chairman of the Federal Reserve, replacing sitting chair Janet Yellen.
Janet Yellen
Chelsea Handler Struggles to Name One Lie Donald Trump Has Told
Fed Chair Yellen Won’t Say If She Will Serve Another Term
Janet Yellen’s term as chair of the Federal Reserve expires in February 2018—but she would not give a yes or no answer when asked if she would serve another term.
Trump May Renominate Federal Reserve Chairwoman Janet Yellen For Another Term
President Donald Trump is leaving the possibility open for allowing Janet Yellen to remain the chairwoman of the Federal Reserve instead of replacing her, according to the Wall Street Journal.
Janet Yellen Eats at Subway—What Does This Mean for Interest Rates?
Next week the Federal Reserve convenes its Federal Open Market Committee meeting where financial analysts are anticipating hikes in the interest rate. The sense is that the rate hikes indicate a booming economy. Not so fast: It is now less certain the economy is getting back on track. Indeed, it may be headed for trouble. And the reason for concern? Fed chair Janet Yellin was just seen eating at a Subway.
Fed to Shrink $4.45 Trillion Balance Sheet When Bank Is Confident Economy Is Solid
Federal Reserve Chair Janet Yellen said on Tuesday that the Fed will begin to shrink its $4.45 trillion balance sheet when the central bank is confident the economy is on a solid course.
Fed Chair Does Not Believe Fed Official in Negotiations With Clinton Campaign Is Conflict of Interest
Congressman: Federal Reserve Policy Could Lead to Huge Inflation, Recession
Rep. Jeb Hensarling (R., Texas) said that when the Federal Reserve begins to unwind its balance sheet of roughly $4.5 trillion, there will be a bout of huge inflation or it could throw the economy back into a recession, in an interview with the Washington Free Beacon on Wednesday.
