Senator Shelby Says He Doesn’t Think Trump Will Reappoint Yellen to Fed

  • Ultimately it’s the president’s decision, Alabama senator Says
  • Shelby is longtime member of Senate panel overseeing Fed

Sen. Shelby Says He Intends to Support GOP Tax Plan

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Republican Senator Richard Shelby said he doesn’t think President Donald Trump will nominate Federal Reserve Chair Janet Yellen for a second term at the helm of the U.S. central bank.

Shelby said Tuesday in an interview with Bloomberg Television’s Vonnie Quinn that he had spoken with the president about the Fed.