Janet Yellen, Former Treasury Secretary and Fed Chair between 2014-2018, has expressed her disapproval of President Donald Trump‘s economic policies, attributing them to significant economic damage.
What Happened: Yellen, who served under former President Joe Biden, stated that Trump “has taken a wrecking ball” to the economy. She emphasized that Trump inherited a robust economy with low unemployment and a strong record of job creation, in an interview with CNN.
Yellen further stated that Trump’s policies are the “worst self-inflicted wound” imposed on a well-functioning economy. She also estimated that Trump’s tariffs could cost American households $4000 a year.
The Former Treasury Secretary said she could not think of a ‘more devasting economic agenda’ citing the effects of Trump’s tariffs as well as Elon Musk’s DOGE cuts in the federal agencies.
Janet Yellen, Former Treasury Secretary and Fed Chair between 2014-2018, has expressed her disapproval of President Donald Trump‘s economic policies, attributing them to significant economic damage.
What Happened: Yellen, who served under former President Joe Biden, stated that Trump “has taken a wrecking ball” to the economy. She emphasized that Trump inherited a robust economy with low unemployment and a strong record of job creation, in an interview with CNN.
Yellen further stated that Trump’s policies are the “worst self-inflicted wound” imposed on a well-functioning economy. She also estimated that Trump’s tariffs could cost American households $4000 a year.
The Former Treasury Secretary said she could not think of a ‘more devasting economic agenda’ citing the effects of Trump’s tariffs as well as Elon Musk’s DOGE cuts in the federal agencies.
Janet Yellen, Former Treasury Secretary and Fed Chair between 2014-2018, has expressed her disapproval of President Donald Trump‘s economic policies, attributing them to significant economic damage.
What Happened: Yellen, who served under former President Joe Biden, stated that Trump “has taken a wrecking ball” to the economy. She emphasized that Trump inherited a robust economy with low unemployment and a strong record of job creation, in an interview with CNN.
Yellen further stated that Trump’s policies are the “worst self-inflicted wound” imposed on a well-functioning economy. She also estimated that Trump’s tariffs could cost American households $4000 a year.
The Former Treasury Secretary said she could not think of a ‘more devasting economic agenda’ citing the effects of Trump’s tariffs as well as Elon Musk’s DOGE cuts in the federal agencies.
Full story available on Benzinga.com Read MoreDonald Trump, Janet Yellen, Joe Biden, News, tariffs, US economy, Markets, News, Markets, Benzinga Markets
