Yellen disappointed not to get a second term as Fed chair

Janet Yellen said she was disappointed President Donald Trump didn't offer her a second term as chairwoman of the Federal Reserve.

"I made clear that I would be willing to serve another term and so yes, I do feel a sense of disappointment," she said in an interview with CBS' "Sunday Morning."

However, she indicated she supports her successor, Jerome Powell. He starts today as chairman of the Fed.

Read more from The Associated Press.