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Former Fed official warns Yellen: ‘You will be remembered as having said yes to this president’





Janet Yellen

A former Federal Reserve official has taken the unusual step of taking a direct moral stance against the president of the United States following Donald Trump’s anemic response to a racist terrorist attack in Charlottesville.

Narayana Kocherlakota, the former president of the Minneapolis Fed, took to Twitter to amend an earlier article he had addressed to Trump urging him to reappoint Janet Yellen to a second term as Fed chair. Her first term expires early next year.

Trump has said Yellen is one of the people he is considering, but has also shown a strong preference for appointing his current head of read more >>>

Source:: BusinessInsider.Com

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