The Latest: Trump says he would likely replace Yellen
Source: washington post
Donald Trump says he has nothing against Janet Yellen but would likely replace her as Fed chair once her term is up.
In an interview with CNBC, the likely Republican presidential nominee says he thinks it would be appropriate for him to nominate someone else to lead the Fed since Yellen is not a Republican. President Barack Obama selected Yellen to succeed Republican Ben Bernanke. Her four-year term as Fed leader ends on Feb. 3, 2018.
Trump says he has absolutely nothing against Yellen, calling her a very capable person. While Yellens term as chair ends in 2018, she could remain as a governor on the Feds seven-member board. Her 14-year term as a Fed board member does not end until Jan. 31, 2024.
Read more: https://www.washingtonpost.com/politics/the-latest-sen-mcconnell-calls-on-trump-to-unite-party/2016/05/04/d33091f2-1255-11e6-a9b5-bf703a5a7191_story.html
He's tapping Steven Munchin as his lead fundraiser and maybe that indicates who he would chose to replace Yellin.
philosslayer
(3,076 posts)She's a woman.
AgerolanAmerican
(1,000 posts)Is this how far we have sunk?
Renew Deal
(81,901 posts)AgerolanAmerican
(1,000 posts)*mic drop*
Renew Deal
(81,901 posts)beastie boy
(9,586 posts)and if he ever gets to place his choice at the head of the Fed, he will make you wish you defended the chief bankster.
ProudToBeBlueInRhody
(16,399 posts)But I know you guys don't like to do that.
Iliyah
(25,111 posts)closed. Welcome to dictatorship and the new Un-United States of America.
HRC for the win!
yellowcanine
(35,707 posts)I guess he is selectively unpredictable. Actually I am surprised he even knows who Janet Yellen is.
ProudToBeBlueInRhody
(16,399 posts)But neither does his idiot contingent of supporters, so it's of no consequence to him.
houston16revival
(953 posts)we're coming for them!