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    18.11.2015 09:38 Federal Reserve Chairwoman Janet Yellen: Congress should reject a reform bill on the Fed’s transparency

    Federal Reserve Chairwoman Janet Yellen on Tuesday wrote a letter to House Speaker Paul Ryan and House Democratic leader Nancy Pelosi, saying that Congress should reject a reform bill on the Fed's transparency.

     

    "The bill would severely impair the Federal Reserve's ability to carry out its congressional mandate and would be a grave mistake, detrimental to the economy and the American people," she wrote.

     

    Yellen pointed out that the bill would lead to "poor economic outcomes".


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