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Capitol Report: Yellen’s speech in Jackson Hole may doom her chances for second term at Fed

Bloomberg
Fed chairwoman Janet Yellen arrives for a dinner Thursday to open the central bank’s Jackson Hole summer retreat.

Was Fed Chairwoman Janet Yellen’s Friday speech in Jackson Hole her swan song?

Some Fed watchers think that might turn out to be the case.

Yellen used her high-profile podium to give a robust defense of the regulations put in place under the Obama administration in the aftermath of the financial crisis. She disagreed with the position of President Donald Trump and Congressional Republicans that the regulatory burden is strangling lending and has hamstrung the economy.

Read:Yellen defends post-crisis bank rules under assault from Trump, Dimon

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