Fed's Yellen agrees with core principles of Trump's executive order on financial reform

Felipe Erazo FXStreet

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

Author

Felipe Erazo

FXStreet

Born in Colombia, Felipe Erazo is the American Session Manager at FXStreet. He has been studying journalism with a degree in social communication at the Universidad de Chile.

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