Former fed chair warns retailers will suffer as shutdown spooks consumers
Donald Trump speaks to the Conservative Political Action Conference in 2015. (Image via Gage Skidmore/Wikimedia Commons.)

As the government shutdown entered its fourth week Monday, there were troubling economic repercussions, from the 800,000 federal workers who aren't being paid to farmers who rely on federal subsidies.


Janet Yellen, former chair of the Federal Reserve, said Monday that she feared the shutdown could "impact consumer psychology and consumer sentiment," reports Business Insider.

"Almost all economists are forecasting a slowdown in 2019," she said.

Lawmakers urged the president to temporarily reopen the government, but so far the president has shown no indication he's willing to compromise.