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Yellen Finds Unlikely Advocate at White House: Trump

  • The Fed chair appointed by Obama may be renominated by Trump
  • President polled Republican senators on Yellen, Taylor, Powell
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Yellen Said to Impress Trump in Interview

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Janet Yellen’s only advocate in the White House may be the one person who matters most: President Donald Trump.

The incumbent Federal Reserve chair was impressive in an Oval Office interview with Trump on Thursday, several people familiar with the matter said. She made clear to the president that she wants to keep her job, set no preconditions for appointment to a second term, and offered suggestions for the vice chairman position that were welcomed by the Trump team.