Trump and Yellen to discuss job: Report

Trump and Yellen to discuss job: Report

WASHINGTON
Trump and Yellen to discuss job: Report

Yellen’s term as chief of the powerful banking institution is due to expire in February.

Trump and Yellen to discuss job: ReportTrump has already met with several candidates who could replace the 71-year-old Yellen, including financier Kevin Warsh, Fed governor Jerome Powell and Stanford University economist John Taylor.

As a Republican presidential candidate, Trump accused Yellen -- who was nominated by Democrat Barack Obama in 2014 -- of maintaining low interest rates to support Democrats.

But upon taking over the White House, Trump praised Yellen for keeping the interest rate low.

Yellen, who hold weekly meetings with Treasury Secretary Steve Mnuchin, has met Trump just once since his election in February.

She also met in July with Trump’s eldest daughter and senior adviser Ivanka.

Janet Yellen, donald trump, trump, fed, Federal Reserve