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.