Fed chair Janet Yellen says U.S. markets still weak

Global Business

U.S. Fed chair Janet Yellen has staunchly defended the independence of the central bank.

She made her case Tuesday on Capitol Hill, where Republican lawmakers are proposing major changes to the way the Fed operates. Daniel Ryntjes reports.

For more on Yellen’s report, David Dollar shares his insight. He’s a senior fellow in foreign policy and global economics at the Brookings Institute. He formerly served as the U.S. Treasury’s economic emissary to China.