Yellen’s Ties From London to Shanghai Bypass White House

Janet Yellen as Federal Reserve vice chairman has spent time building relationships across the Fed’s regional banks and with central bankers from Shanghai to London to Mexico City -- everywhere except the corridors of power in Washington.

Yellen’s calendars, obtained under the Freedom of Information Act, show more than 90 meetings by phone or in person with Fed district bank presidents in 2011 and 2012, a period during which she made visits to the Federal Reserve Banks of Boston, New York, Philadelphia, Atlanta, Cleveland, Chicago, Minneapolis and San Francisco. By contrast, she visited the White House once and Capitol Hill twice.