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What The Trump Administration Means For Federal Reserve

Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington in 2016 before the Joint Economic Committee (Susan Walsh/AP Photo)
Federal Reserve Chair Janet Yellen testifies on Capitol Hill in Washington in 2016 before the Joint Economic Committee (Susan Walsh/AP Photo)

Federal Reserve Chair Janet Yellen will be on Capitol Hill starting Tuesday, giving her first congressional testimony since President Trump took office. Trump criticized Yellen during the campaign, accusing her of keeping interest rates low “for political reasons.”

Here & Now’s Meghna Chakrabarti speaks with Jill Schlesinger (@jillonmoney), CBS News business analyst and host of “Jill on Money” and the podcast “Better Off,” about what changes we can expect at the Fed during the Trump administration.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.