Friday, Sep 30, 2016
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Economy

Advocacy group to fight Yellen’s nomination

WASHINGTON — A conservative group has launched a campaign to stop Janet L. Yellen from becoming the next head of the Federal Reserve, arguing her confirmation would lead to an expansion of easy-money policies and that such a move would cause prices to soar.

American Principles in Action, a Washington advocacy group, has created a Web site called NoOnYellen.com and said it planned to spend $25,000 placing a two-minute video on financial Web sites urging opposition to Ms. Yellen, President Obama’s nominee to replace Fed Chairman Ben S. Bernanke.

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