Yellen reportedly out of race to be Fed chief

• October 26, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

Janet Yellen is no longer in the race to serve a second term as chair of the Federal Reserve, Politico reported, citing a person who talks “regularly” with President Donald Trump. That would leave the race to Fed Gov. Jerome Powell and Stanford economist John Taylor. The same report quoted someone “close to the process” as saying Trump changes his mind about it every day.