15-02-2017 16:43 via news.yahoo.com

Janet Yellen questions Donald Trump's wisdom over spiking Dodd-Frank Act

Chairwoman of the US Federal Reserve Janet Yellen questioned the logic President Donald Trump's economic policies and refused to back his attempts to roll back the country's Dodd-Frank Act, which was passed in the wake of the 2008-09 global financial crisis to keep Wall Street banks in line. Trump has branded the Dodd-Frank Act as an onerous regulatory "disaster" responsible for stunted bank lending to American businesses. The President has also vowed to do a "big number" on the Act, claiming it
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