have felt whenf members of the congressional black caucus suggested that she janets yellen was in fact a racist, maybe even a white supremacist. what does jenny ellen do wrong? well, they suggested what shest did wrong was she failed to harness the power of the federal reserve to help african-americans specifically now at first yellen seemed confused by this complaint. the point of the fed f is to kep the american economy stable. the point is not to pay off oil blocks democratic voters and she tried to explain this our power she said, can tnc be targeted at the experience of particular groups. th that was her response. but the congressional black caucus did not buy it. r messagt their message to janet yellen was the same as their message. you and every othero person in this country. three hundred and fifty millionn people do it. we say we will denounce as a racist. and finally, janet yellen got that message. boy, did she. within a year yellen had all but abandonedtr the trad
and environmental justice. now those are issues unlikeic economics cannot be quantified or even specifically defineds. they are therefore perfect vehicles for power hungry politicians hoping to becomefu more powerful. yellen was supposedly anl. economist, but as she turned 70 , she left the field ofld economics completely o and entered the far more familiar world of political activismd of by the te she became joe biden s treasury secretary. the transformation was j complee . among palin se, first acts as treasury secretary was ane order changing the mission of the treasury department s financials stability oversight council. now that council was created by congress after the last financial crisis, as its name suggests to prevent something similar from ever happening again. and for about a decade it focused on questions that might prevent another meltdown. questions like subprime lending and automated trading on wall street, relevant questions. but under janet yellen, the council turn