Fed Chair Yellen 'Absolutely' Intends to Serve Out Term

The transcript discusses the history of U.S. presidents renominating Federal Reserve chairs, highlighting examples such as Ronald Reagan, Bill Clinton, and Barack Obama. It then transitions to a question about the current Fed Chair's willingness to serve another term if renominated by President Trump. The Fed Chair expresses a commitment to fulfilling the current term and focusing on achieving congressionally mandated objectives, without having considered future renomination at this point.

Which U.S. president renominated Paul Volcker as Fed chair?

• George W. Bush

• Ronald Reagan

• Barack Obama

• Bill Clinton

Who did Bill Clinton renominate as the Federal Reserve chair?

• Alan Greenspan

• Janet Yellen

• Paul Volcker

• Ben Bernanke

What question was posed to the current Fed chair regarding their future?

• If they would lower interest rates

• If they would serve another term if renominated

• If they would change monetary policy

• If they would resign

What was the Fed chair's main focus according to their response?

• Achieving congressionally mandated objectives

• Reducing inflation

• Improving international relations

• Increasing employment

How did the Fed chair respond to the question about serving another term?

• They refused to serve another term

• They had not given it much thought

• They were undecided

• They were eager to serve another term