How does Janet Yellen fit into Trump’s new order?

Janet Yellen of the Federal Reserve
Janet Yellen. Photo: Day Donaldson/Flickr
Day Donaldson/Flickr

On November 9, Donald Trump was elected 45th president of the US. His inflammatory rhetoric during the campaign calls into question Janet Yellen's future role as chair of the Federal Reserve, but observers say Yellen is likely to remain for at least another year.

"Yellen has a year to run. It would be a mistake to pick a fight with the Fed instead of waiting a year and trying to get co-operation," says Allan Meltzer, professor of political economy at Carnegie Mellon and author of a three-book

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