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Yellen disappointed not to get a second term as Fed chair

WASHINGTON (AP) — Janet Yellen said she was disappointed that President Donald Trump didn't offer her a second term as Federal Reserve chair, but supports her central bank successor, Jerome Powell, who takes over on Monday. Powell, a Fed board member since 2012, is "thoughtful, balanced, dedicated to public service. I've found him to be a very thoughtful policymaker," Yellen said in an interview with CBS' "Sunday Morning.
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