Janet Yellen Janet Yellen

Trump's economic adviser Gary Cohn (left) and adviser Jared Kushner listen to President Trump at a meeting with business leaders Jan. 23. Chip Somodevilla/Getty Images hide caption

toggle caption
Chip Somodevilla/Getty Images

Trump's Flip-Flops On Economics Move Policies Toward The Status Quo

  • Download
  • <iframe src="https://www.npr.org/player/embed/523881777/523890797" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Federal Reserve policymakers left rates unchanged, saying they were worried about job growth and did not want higher rates to affect hiring. Karen Bleier/AFP/Getty Images hide caption

toggle caption
Karen Bleier/AFP/Getty Images

An employee prepares to install the hood on a vehicle at a General Motors plant in Arlington, Texas. Federal Reserve policymakers say recent indicators point to a strengthening labor market. Bloomberg via Getty Images hide caption

toggle caption
Bloomberg via Getty Images

Federal Reserve Board Chair Janet Yellen listens to questions during a House Financial Services Committee hearing on Capitol Hill on Wednesday. Delivering the Federal Reserve's semiannual Monetary Policy Report to the House Committee, Yellen aired caution about global economic conditions. Mark Wilson/Getty Images hide caption

toggle caption
Mark Wilson/Getty Images

Federal Reserve Chair Janet Yellen testifies before the Senate Banking Committee in July. This week, Yellen and other policymakers are weighing the Fed's first rate increase in nine years. Susan Walsh/AP hide caption

toggle caption
Susan Walsh/AP

Federal Reserve Board Chair Janet Yellen gestures as she testifies during a Senate Banking, Housing and Urban Affairs Committee hearing while delivering the Federal Reserves semiannual Monetary Policy Report on Capitol Hill Thursday. Mark Wilson/Getty Images hide caption

toggle caption
Mark Wilson/Getty Images

The Senate has approved Janet Yellen as the next head of the Federal Reserve. At a ceremony commemorating the Fed's centennial last month, Yellen sat with (from left-to-right) former chairmen Paul Volker and Alan Greenspan, and current Fed leader Ben Bernanke. Mark Wilson/Getty Images hide caption

toggle caption
Mark Wilson/Getty Images