Janet Yellen: why Trump’s Fed meddling could be a ‘profound’ cost ‘to every American’

Janet Yellen: why Trump’s Fed meddling could be a ‘profound’ cost ‘to every American’

Janet Yellen is a pioneer in the annals of Washington and is one of the most influential contemporary economists of our time – the first woman to lead the Federal Reserve, as well as the United States Treasury. Now, she has a stark warning about Trump’s Federal Reserve interference: “Chaos follows when leaders capture their central banks and force them to buy government debt or cut interest rates to hold down debt service expense… There will be …