Yellen Sidesteps Questions on Her Future as Trump Weighs His Options
- ‘I absolutely intend to serve out my term,’ she tells House
- Hearing ‘may well be’ her last at House committee, she says
Janet Yellen's House Testimony in Two Minutes
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Federal Reserve Chair Janet Yellen had plenty to say about a strong U.S. job market Wednesday but added little clarity about her own employment status come February.
During semiannual testimony to Congress, she fielded questions on topics ranging from the subdued labor participation rate, the Fed’s $4.5 trillion balance sheet and the effect of the financial regulations on community banks. Given her term as chair expires Feb. 3, several lawmakers were also curious about whether she’d be interested in another four years.