Published By:MarketWatch
Progressive campaigners say they have no remorse over Yellen era
Progressives played a key role in paving the way for Janet Yellen to become the first chairwoman of the Federal Reserve in 2014. And they don’t regret it.
Left-leaning Democrats in the Senate and their allies in Washington told President Barack Obama that they would not support Lawrence Summers, his first choice for the Fed job, clearing the way for Yellen to take the helm of the central bank.