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Wilbur Ross on New Fed Chair: 'Stay in Your Own Silo'

(Newsmax TV)

By    |   Friday, 13 Oct 2017 06:32 AM

Commerce Secretary Wilbur Ross declined Thursday to predict who might succeed Janet Yellen as chair of the Federal Reserve, telling Newsmax TV that he would rather "stay in your own silo."

"One thing I've learned coming to Washington if you're smart you'll stay in your own silo," Ross, 79, told economist and moderator Larry Kudlow in a "Newsmax in the Nation's Capital" special sponsored by Newsmax and Google.

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"The Federal Reserve is not in my silo," Ross said as the audience laughed.

Yellen, 71, who was first named Fed chair in 2014 by President Barack Obama, is up for re-appointment early next year.

When President Donald Trump was asked in April whether Yellen was "toast" when her term expired, the president responded: "No, not toast."

"I like her, I respect her," Trump told The Wall Street Journal. "It's very early."

Kudlow's wide-ranging interview with Ross was conducted at Google's headquarters in Washington.

The session will re-air on Newsmax TV, as well on DirecTV 349, FiOS 615 and U-Verse 1220 – and other outlets. More Info Here.

It will be re-broadcast on Thursday at 10 p.m., on Saturday at 1 p.m. and on Sunday at 10 a.m., all times Eastern.

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Commerce Secretary Wilbur Ross declined Thursday to predict who might succeed Janet Yellen as chair of the Federal Reserve, telling Newsmax TV that he would rather "stay in your own silo."
wilbur ross, new, federal reserve chairman, stay, silo, janet yellen
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2017-32-13
Friday, 13 Oct 2017 06:32 AM
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