Trump says Yellen still in the running for renewed term

Donald Trump
Donald Trump appears to have changed his mind on Janet Yellen

Despite speculation to the contrary, Janet Yellen may be reappointed for a second term as chair of the Federal Reserve.

US President Donald Trump said he has a “lot of respect” for Yellen, adding “she is in the running, absolutely”, during an interview with The Wall Street Journal on July 25. “I think she’s done a good job. I’d like to see rates stay low. She’s historically been a low-rate person.”

Yellen initially appeared to be set to be replaced, having been targeted by a series of negative

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