Yellen Opposes Proposals to Audit Fed Decisions

Yellen Opposes Proposals to Audit Fed Decisions Play

Nov. 14 (Bloomberg) -- Janet Yellen, nominated to be the next chairman of the Federal Reserve, says she is against proposals to audit the central bank's monetary policy decisions even as she's committed to transparency. The Fed vice chairman spoke in response to a question during testimony today before the Senate Banking Committee in Washington. (This is an excerpt from the hearing. Source: Bloomberg)

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