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Janet Yellen debunks Trump's case for killing Dodd-Frank
..Point by point, the Federal Reserve chief on Tuesday debunked the core arguments used by the White House to push for rolling back the 2010 Wall Street reform law.
Asked during Tuesday's U.S. Senate hearing if there's any truth to claims that banks aren't lending, Yellen said an "extremely low number" of small businesses complained of access to credit as their main problem.
The Fed chief quickly rattled off numbers from a National Federation of Independent Businesses survey showing that just 4% of respondents are unable to get the loans they need.
The Fed chief quickly rattled off numbers from a National Federation of Independent Businesses survey showing that just 4% of respondents are unable to get the loans they need.
http://money.cnn.com/2017/02/14/investing/janet-yellen-dodd-frank-trump/index.html
Video Clips:
http://ht3.cdn.turner.com/money/big/investing/2016/11/17/janet-yellen-dodd-frank-fed.cnnmoney_1024x576.mp4
http://ht3.cdn.turner.com/money/big/investing/2017/02/14/janet-yellen-dodd-frank-banks-lending-competitive.cnnmoney_1024x576.mp4
1 replies
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= new reply since forum marked as read
