Trump Might Replace Yellen If Elected President

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Mark Melin
Published on
Updated on

Would Trump replace Yellen at the Fed? As U.S. Federal Reserve Chair Janet Yellen approaches the most delicate surgery perhaps in the history of the central bank – withdrawing addictive market stimulation measures without creating a stock market crash – Donald Trump apparently doesn’t like what he sees. In an interview with Fortune Magazine, Trump indicated he would replace Yellen as Fed Chair and backed a plan to audit the Fed, a semi-autonomous agency. Trump likes low interest rates, “would be inclined” to put someone else in top Fed spot Trump appears to like low interest rates and thinks the…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.