Wednesday, November 9, 2016

Trump won't seek Yellen's resignation: adviser

President-elect Donald Trump is not going to ask Federal Reserve Chairwoman Janet Yellen to resign before her term ends in February 2018, according to a top adviser. During the campaign, Trump criticized Yellen for politicizing interest rate policy. Judy Shelton, an economist and senior fellow at the Atlas Network, told The Wall Street Journal that Trump won't ask Yellen to serve a second four-year term. "He's saying he'd want someone whose thinking is more in keeping with own," Shelton said. Fed insiders think it is important that Yellen finish out her term and not resign due to political......(read more)
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from Around The Web http://www.mortgagenewsdaily.com/aroundtheweb/677532.aspx
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