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Thursday, November 17, 2016

US Federal Reserve: Yellen says she won't step down, will serve through 2018

Federal Reserve Chairwoman Janet Yellen said Thursday that she will fill out her term, regardless of the election results.

Asked during a congressional hearing if she could imagine any circumstances in which she could resign early, Yellen responded, "no, I cannot."

"It is fully my intention to serve out that term," Yellen said of her term that ends in February of 2018.

Read more: Yellen says she won't step down, will serve through 2018 | Washington Examiner