Janet Yellen will make history as the first woman to. without rattling financial markets and hurting the economy will be job number one for Yellen. “Her biggest potential challenge is not the end.
· Isakson is the latest senator to express concerns about Summers in what has become an unusual public debate on the merits of Summers and Fed Vice Chair Janet Yellen to succeed Ben Bernanke as Fed chairman. "He is a smart man, knows his economics and may end up being the choice we have to choose from," the Georgia senator told Reuters.
· On Monday evening, the U.S. Senate voted to confirm the nomination of Janet Yellen to become chair of the Federal Reserve, the country’s central bank. She’s expected to.
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Janet Yellen. Yellen was nominated by President Obama to succeed Ben Bernanke as Chairwoman of the United States Federal Reserve. On January 6, 2014, the U.S. Senate confirmed Yellen’s nomination. She was sworn in on February 3, 2014, making her the first woman to hold the position.
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Yellen to be nominated for Fed chair.. making this smart and historic nomination of Janet Yellen to lead the Fed.. between Obama and Congress has the potential to spiral out of control.
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Yellen tells Congress to expect more rate hikes. The chair of the Federal Reserve cited the stronger U.S. economy and lower unemployment rate as reasons for increasing interest rates.
(Reuters) – U.S. President Barack Obama will nominate Federal Reserve Vice Chairwoman Janet Yellen to be the next head of the U.S. central bank on Wednesday, a White House official said on Tuesday.
(Reuters) – President Barack Obama will nominate Federal Reserve Vice Chairwoman Janet Yellen to be the next head of the U.S. central bank on Wednesday, putting her on course to be the first woman to lead the institution in its 100-year history. If confirmed, Yellen would replace ben bernanke, whose.
DR. YELLEN: Thank you, Mr. President. I’m honored and humbled by the faith that you’ve placed in me. If confirmed by the Senate, I pledge to do my upmost to keep that trust and meet the great responsibilities that Congress has entrusted to the Federal Reserve — to promote maximum employment, stable prices, and a strong and stable financial.