Home | About | Donate

Janet Yellen as Fed Chair No Victory for Progressive Economics


#1

Janet Yellen as Fed Chair No Victory for Progressive Economics

Jon Queally, staff writer

Though progressives across the board celebrated when former Treasury Secretary Larry Summers "removed himself" from Obama's consideration to be the next Chair of the Federal Reserve, news that the official nominee and likely confirmed candidate to the post will be current Fed vice chairperson Janet Yellen is not likely to be seen as a victory for "progressive" economic policy.