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US Treasury Secretary Yellen: Formal process for successor to Fed Chair Powell has begun

Summary: In breaking news, US Treasury Secretary Yellen has announced that the formal process for selecting a successor to Federal Reserve Chair Powell has commenced, with the selection to proceed at the pace set by Trump. There are many rumors circulating about a 'shadow Fed Chair,' causing confusion, and if the former Fed Chair were to ...

In breaking news, US Treasury Secretary Yellen has announced that the formal process for selecting a successor to Federal Reserve Chair Powell has commenced, with the selection to proceed at the pace set by Trump. There are many rumors circulating about a 'shadow Fed Chair,' causing confusion, and if the former Fed Chair were to remain in office, it would be perplexing.

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