Yellen says threats to democracy risk US economic growth, an indirect jab at Trump

News Snapshot:

WASHINGTON (AP) — Treasury Secretary Janet Yellen is arguing that a fractured democracy can have destructive effects on the economy — an indirect jab at Donald Trump. Yellen, in an address prepared for delivery Friday in Arizona, uses economic data to paint a picture of how disregard for America’s democratic processes and institutions can cause economic stagnation for decades. Yellen, taking a rare step toward to the political arena, never mentions Trump, the presumptive Republican presidential nominee, by name in her speech for the McCain Institute’s Sedona Forum, but she hints at the former president’s potential impact if he regains...