Thursday, January 09, 2014

Janet Yellen on Financial Reform

I am not a subscriber to Time. Therefore I can't read the entire interview with new Federal Reserve chair Janet Yellen. I did find her remarks on Dodd-Frank fascinating.

"I think Dodd-Frank is good roadmap and lays out most of the steps that are necessary. But we may also need to take some further steps that have not been taken yet."

I can't imagine Yellen getting appointed as Federal Reserve chair when Tim Geithner was Treasury Secretary. Geither was successful in derailing Elizabeth Warren's nomination. Geithner would have a heart attack if he heard a Federal Reserve chair advocate for more financial reform.

Labels: , , ,


Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home