Fed's Yellen agrees with core principles of Trump's executive order on financial reform

During a Q&A session at the semi-annual Humphrey Hawkins Testimony, Fed's Chairwoman Janet Yellen stated that she agrees with core principles of U.S. President Trump's executive order on financial reform.

More headlines (via Reuters):

• Important that congress deal with state-sponsored housing agencies
• Anticipates balance sheet will eventually be substantially smaller than at current timeWants Fed balance sheet to be primarily made up of U.S. treasuries
• Wants Fed balance sheet to be primarily made up of U.S. treasuries