FIRST AIRED: July 15, 2015

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COMING UP:Share Opener Variant 4

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nnnnn fireworks as house republicans are with federal reserve chief janet yellin wednesday they blasted her own a range of pet peeves including controversial twenty twelve leak at the central bank affair they say is too mysterious and what they see as a general lack of cooperation house financial services committee chairman jeb hence hurling threads refusal to cooperate in a congressional investigation threatens both its reputation and its credibility the fed is not a , the law yellow stood firm in the face of a number of attacks on day one of her semi annual testimony before congress including fatigue calling for more oversight and publicly stated policy setting rules , i don't agree that a rules based policies , a better way to go there , central bank , are in the world that follows rule that would rely on only two variables so well as you what we do know as you well know we can , wealth of information informing our judgments about the economic outlook the back and forth about how the fed sets policy actually overlooked the policy update yelling says the fed believes the conditions are just about right for a rate hike this year despite dark clouds elsewhere from china and greece , taking into account fees are developments in the risks they pose , they still thought that the overall risk to the u. s. economic outlook were balanced , and they charged it would likely be appropriate sometime this year , begin raising our target range after the federal funds rate she has to the senate thursday which is expected to take another tongue lashing by republicans who say the fed needs more accountability and transparency