25 Oct 2016
Yellen seen resisting pressure to resign if Trump wins election – Chicago Tribune
As per Chicago Tribune report, Federal Reserve Chair Janet Yellen is unlikely to step down should Donal Trump win elections.
Former Fed vice chair Alan Blinder has called the rumors of Yellen stepping down on Trump victory as ‘ridiculous’. He added further that ‘she would never do that’.
Trump has criticized Yellen for keep rates low in order to help0 cement Barack Obama’s legacy.