Hillandale Tiff on Yellen Security Makes Wall Street Journal

www.federalreserve.gov

Residents of Hillandale are complaining about the armed, security vehicles that are crowding in front the residence of the nation’s top banker, Janet Yellen.

According to the Wall Street Journal, the residence of Federal Reserve Chairwoman Janet Yellen is crowded with oversized security vans armed with guns, surveillance cameras and “security trucks sit idling on the street for approximately 22 minutes every morning” to pick up Yellen to work, causing frustration among neighbors.

Some residents have argued that despite the fact that they comply with the security measures put forth by the government, the price of security is just too high, according to the Wall Street Journal.

The Wall Street Journal said that after Yellen became the Fed Chairwomen, a house was rented for her near her residence. Also, a surveillance camera was installed. Hillandale residents told the Wall Street Journal that they now want the FBI or the Fed's inspector general to evaluate "what appears to be an excessive level of [Federal Reserve] security" on Yellen's street at "enormous government cost to taxpayers."

In response, the Federal Reserve told the Wall Street Journal that Yellen receives the same level of security as her predecessors and chose not to respond to questions about the detail's cost.

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Sat, 30 Aug 2014 20:13:56 -0400

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