Fed chair vouches for financial regulations

"Senate Democrats on Tuesday enlisted Janet L. Yellen, the Federal Reserve chairwoman, as an expert witness against Republican plans to roll back postcrisis financial regulations. In testimony before the Senate Banking Committee, Ms. Yellen said repeatedly that the new safeguards were effective and that regulation was not impeding economic growth."

The New York Times article is here.

Leave a Reply

Your email address will not be published. Required fields are marked *