Conservatives Talk Monetary Policy with Janet Yellen

Federal Reserve Chairwoman Janet Yellen (public domain via Board of Governors of the Federal Reserve)
Federal Reserve Chairwoman Janet Yellen (public domain via Board of Governors of the Federal Reserve)

Last Friday, a coalition of more than 20 conservatives and libertarians met with Federal Reserve Chair Janet Yellen to discuss the impact of Fed monetary policy on middle income and working families. The group, led by American Principles in Action Director of Monetary Policy Steve Lonegan, received a lot of great press coverage.

Lonegan worked diligently to make this meeting happen. Back in December, after news broke that Yellen had met with a group of left-leaning community activists, Lonegan sent a letter to Yellen requesting a meeting with a group of center-right thought leaders and economists. Initially, the Federal Reserve did not respond.

Lonegan didn’t give up. He then hand-delivered another letter requesting a meeting and followed that up with a press conference outside the Federal Reserve building in Washington, D.C.

Chair Yellen listened, and on February 27 the meeting took place.  It was very well covered by the national media.

Check out some of the press coverage below:

Associated Press story, reprinted in:

Original print reporting by:

TV interview:

Jon Schweppe is Deputy Director of Communications for American Principles in Action.