“Chair Yellen was engaged, gracious and asked key questions,” Steve Lonegan, the director of monetary policy at the American Principles in Action who organized the meeting, told CNN after the conclusion of the meeting. “I would like to hope that what we established with Chair Yellen was respect.”
Lonegan and others also emphasized to Yellen and Brainard that “the left does not have a monopoly on caring about low and middle income wage earners,” Lonegan said.
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Lonegan also said Friday that in conjunction with the Fed’s annual Jackson Hole symposium in Wyoming this year, a group of conservative economists are planning to hold a meeting of their own “directly across the street” featuring former Federal Reserve Chair Alan Greenspan as the keynote speaker. A spokeswoman for Greenspan’s firm did not immediately respond to CNN’s request for comment.
“We’ve invited Dr. Yellen to be there as well,” Lonegan said.
