Former Fed Chair Janet Yellen says Trump doesn't understand the economy

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Former Fed Chair Janet Yellen says Trump doesn't understand the economy
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'No, I do not,' former Federal Reserve Chair Janet Yellen says when asked if she thinks the president 'has a grasp of economic policy.'

Former Federal Reserve Chair Janet Yellen has taken plenty of hits from President Donald Trump. Now she's delivering a few of her own.

Asked if she thinks the president"has a grasp of economic policy," Yellen flatly responded,"No, I do not." The comments mark a departure for Yellen, who has mostly handled her issues with Trump by not saying much of anything. Though Trump softened his tone somewhat after he took office, he decided against reappointing her, making her the first Fed chair not to get a second four-year term since the Carter administration.

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