Washington, D.C. – Following his meeting with Federal Reserve Vice-Chair Janet Yellen, U.S. Senator Joe Manchin (D-W.Va.) issued the following statement.
“I had a very productive and honest meeting today with Federal Reserve Vice-Chair Janet Yellen on how best to grow our economy as well as the lessons we learned from when we last balanced our budget. I conveyed to her my concerns that community banks be treated fairly as we finalize Dodd-Frank regulations, but also the need to implement these rules so that we address the problems that led to Too-Big-To-Fail. Finally, we discussed the need to tighten our quantitative easing policy as our economy improves. I was encouraged by her honest and straight forward approach and look forward to speaking further with her at our Banking Committee hearing to learn more about her plans to better our economy.”