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Fed Chief Yellen Warns Against Dismantling Bank Regulations

Federal Reserve Chair Janet Yellen's remarks in Jackson Hole, Wyo., on Friday put her at odds with President Trump. She applauded the post-crisis regulations that he says are hurting businesses.
Federal Reserve Chair Janet Yellen testifies before the Senate Banking Committee in July. President Trump has given mixed signals about whether he will re-appoint her when her term as chair expires in February.

In what may be her last appearance at the annual economic summit held in Wyoming, Federal Reserve Chair Janet Yellen on Friday warned against forgetting the lessons of the Great Recession.

And she staunchly defended the post-crisis regulatory reforms that she says have made banks safer.

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