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The Fed: Yellen delivers harshest criticism yet of Trump, who declined to hire her for second term

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Former Federal Reserve Board Chair Janet Yellen

Former Federal Reserve Chair Janet Yellen delivered her sharpest-ever criticism of President Donald Trump — who declined to give her a second term running the central bank.

In an interview with Marketplace, Yellen bluntly said, “no, I do not” when asked whether she thinks Trump had a “grasp” on macroeconomic policy.

‘I doubt that he would even be able to say that the Fed’s goals are maximum employment and price stability, which are the goals that Congress has assigned to the Fed. He’s made comments about the Fed having an exchange rate objective in order to support his trade plans, or possibly targeting the U.S.

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