    [Public Papers of the Presidents of the United States: William J. Clinton (1999, Book I)]
    [June 8, 1999]
    [Page 903]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Statement on the Resignation of Janet L. Yellen as Chair of the
    Council of Economic Advisers
    June 8, 1999

        I am sorry to learn that Dr. Janet Yellen intends to resign as Chair
    of the Council of Economic Advisers. Her extraordinary intellect and
    keen grasp of domestic and international economics have contributed
    enormously to the formation of my administration's policies in critical
    areas ranging from Social Security, health care, and the budget to trade
    and international financial architecture. Janet has been a consistent
    advocate for sound economic policy, and she has been an important
    contributor to the extraordinary economic progress we have made in
    recent years. I wish her and George the very
    best as they return to private life.