Janet Yellen - Page 7

Her enormous speaking fees from Citadel raise questions about conflicts of interest.

“We need to act now, and the benefits of acting now and acting big will far outweigh the cost in the long run,” Yellen said to reporters during the meeting with Biden in the Oval Office.

On Thursday, the trading app Robinhood infuriated users after blocking purchases of stocks popularized by trading communities on Reddit. 

Janet Yellen, the former chairwoman of the Federal Reserve who is now His Fraudulency Joe Biden’s Treasury Secretary, made millions off Wall Street “speaking fees” over the past two years. In some cases, she didn’t even have to show up to speak. Her appearance was “virtual.”

The beneficiaries of Wall Street’s cash flow have stacked President Joe Biden’s cabinet picks to head various agencies, including the Treasury Department, Transportation Department, and State Department. 

“I don’t think that I have anything more for you on it, other than to say separate from the Gamestop issue the Secretary of Treasury is one of the world-renowned experts on markets, on the economy,” White House press secretary Psaki said during the press briefing. 

The United States Senate voted Monday to confirm Janet Yellen as the nation’s next Secretary of the Treasury, making her the first woman to hold the position in American history after she was chosen by President Joe Biden last November.

Janet Yellen’s nomination marks a break with historical norms, even though few in Washington, D.C. seem to have noticed.

A stark contrast with the bitter, partisan, bruising hearings Trump’s nominee faced four years ago.

President-elect Joe Biden’s nominee to head the Treasury Department, Janet Yellen, raked in millions from Wall Street firms and multinational corporations for “speaking fees” over just the past two years, financial disclosure reports reveal.

Yellen described the American dream as “a society where each person can rise to their potential and dream even bigger for their children.”

President Donald Trump’s niece, Mary Trump, said Tuesday on CNN’s “Tonight” her uncle was “delusional” and not capable of understanding a pardon is “essentially an admission of guilt,” so he will likely attempt to pardon himself.

Tuesday on FNC’s “Your World,” Sen. Rand Paul (R-KY) took a dig at Treasury Secretary Steve Mnuchin.

Joe Biden has purportedly settled on former Federal Reserve chairwoman Janet Yellen as his secretary of the treasury, according to the Wall Street Journal. 

The Federal Reserve Bank of Chicago ended its work with University of Chicago economics professor Harald Uhlig after he was targeted by left-wing peers for criticizing the Black Lives Matter movement and its call to “defund the police.”

Former Federal Reserve chair Janet L. Yellen told the New York Times on Wednesday that she backs an effort to have Harald Uhlig fired as editor of a prestigious economic journal because he opposes “defund the police.”

“This is a huge, unprecedented, devastating hit,” Yellen said. “My hope is that we will get back to business as quickly as possible.”

Employment, household spending, and business investment have made solid gains, according to the Federal Reserve.

The Fed dramatically raised its forecast for economic growth in 2018 while saying it will not stand in the way of tax cut driven growth.

The Federal Reserve raised short-term interest rates by a quarter point on Wednesday, setting a target range of 1.25% to 1.5%.

The Federal Reserve will almost certainly raise its short-term interest rate target by a quarter percentage point at the conclusion of its two-day policy meeting Wednesday.

President Donald Trump is leaning toward appointing both Standford University economist John Taylor and former investment Jerome “Jay” Powell to top positions at the Federal Reserve, according to people familiar with the president’s thinking.

Odds of a Yellen reappointment fade as Trump tells Fox Business he is leaning toward naming Jerome Powell to lead Fed.

Two of Donald Trump’s front-runners for Fed Chairman represent “the monetary policies that have favored the affluent and done little or nothing for the real economy,” says the Wall Street Journal’s Editorial Board. Current Chair Janet Yellen and Fed Board alum Jay Powell are, according to the publication, a continuation of the same failed Fed policies that led “so many working-class voters [to turn] to Mr. Trump in 2016.”

As Janet Yellen’s tenure as the Chairman of the Federal Reserve Bank comes to a close, here are some of the candidates that could replace her at the end of her term next February.

According to a Tuesday report from Politico, National Economic Council Director Gary Cohn is President Trump’s leading candidate to succeed Janet Yellen as chairman of the Federal Reserve.

Contents: Fed Reserve Chairman Janet Yellen says ‘no financial crisis in our lifetimes’; Examining the stock market bubble; Remembering Alan Greenspan as Fed Chairman; Remembering Ben Bernanke as Fed Chairman

President Trump’s base appears to be growing concerned with the direction of his administration, against the backdrop of a number of drastic policy shifts from the campaign period as well as his first few weeks in office.

The possibility that Trump may support the status quo at the Fed has some supporters scratching their heads. On Wall Street, this is widely viewed as the result of the influence of Gary Cohn and other financiers on the president.

It’s been nearly two months since the Federal Reserve said its long-running general counsel Scott Alvarez will retire this year and no replacement has been named.

President Donald Trump’s promises to cut taxes, increase infrastructure spending, and reduce regulatory burdens on businesses have boosted optimism of everyone from CEOs to small businesses to consumers, sent the financial markets soaring, and boosted job creation.

Federal Reserve Chair Janet Yellen speaks at the Federal Open Market Committee press conference on Wednesday, March 15, 2017. Follow Breitbart.tv on Twitter @BreitbartVideo

Contents: Champagne corks pop as a ‘Trump rally’ sends Wall Street stocks parabolic; End of debt ceiling suspension on March 15 signals new Washington fiscal crisis; The velocity of money keeps plummeting, indicating no economic growth

The Federal Reserve raised interest rates a quarter of a point on Wednesday for only the second time in a decade, and with an improved economic outlook, rates are now predicted to rise three times in 2017.

Weak August employment growth of just 151,000 in total non-farm payrolls, along with a 1,000-job downward revision for July, may allow the U.S. Federal Reserve to delay raising interest rates despite inflation concerns.

GOP frontrunner Donald Trump hinted that if he were elected president, he would replace Federal Reserve Chair Janet Yellen.