Fed's Yellen agrees with core principles of Trump's executive order on financial reform
|During a Q&A session at the semi-annual Humphrey Hawkins Testimony, Fed's Chairwoman Janet Yellen stated that she agrees with core principles of U.S. President Trump's executive order on financial reform.
More headlines (via Reuters):
- Important that congress deal with state-sponsored housing agencies
- Anticipates balance sheet will eventually be substantially smaller than at current timeWants Fed balance sheet to be primarily made up of U.S. treasuries
- Wants Fed balance sheet to be primarily made up of U.S. treasuries
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