Poised to be the first woman ever to lead America’s central bank, Janet Yellen comes to the post with a wealth of knowledge and experience accumulated in years of scholarly and public work. Yellen, 67, was nominated by President Obama following an unusually open and intense search process. An economics professor who also served as…
Federal Reserve Vice Chair Janet Yellen will likely secure sufficient votes to be confirmed as the next head of the central bank, according to one of her harshest critics in the Senate who sits on the banking panel that will vet her for the job. David Vitter, the Louisiana Republican who voted against her nomination…
Republican Senator Rand Paul plans to put a “hold” on the nomination of Janet Yellen to be chair of the Federal Reserve, CNBC reported on Friday, a move that would force supporters to round up 60 votes in the 100 seat Senate to confirm her. CNBC, citing a source close to the Kentucky lawmaker, said…
WASHINGTON — Janet Yellen is soft-spoken, tough, methodological, flexible — and Jewish. President Obama’s announcement last week that he had tapped Yellen, 67, to succeed Ben Bernanke as chairman of the Federal Reserve made news in part because she would be the first woman in the top spot. That very little was made of her…
To some who knew Janet Yellen decades ago, her nomination to lead the Federal Reserve was no surprise, and had them feeling reassured the country’s monetary system would be in capable hands. “We referred to her as a stealth intellect,” said Charles Saydah, a retired journalist who went to junior high and Fort Hamilton High…
Janet Yellen, President Barack Obama’s pick to lead the Federal Reserve, combines a solid reputation as an economist with a keen interest in communication – fitting for someone who once joked that her dinner guests should expect a discussion of economics. Yellen, a former professor who would be the first Jewish woman to hold the…
President Obama’s nomination of Janet Yellen to be the next chair of the Federal Reserve will, if confirmed by the Senate, make her the first woman to lead the bank since its creation nearly a century ago. But she’ll be far from the first Jew. Yellen, whose nomination to head America’s central bank was reported…
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. If confirmed by the U.S. Senate, Yellen would replace Ben Bernanke, whose current term as head of the Fed ends in January. Obama is due…
100% of profits support our journalism
