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Yellen sworn in as Fed chair in brief ceremony

Yellen sworn in as Fed chair in brief ceremony

Washington, AP—Janet Yellen was sworn in Monday to succeed Ben Bernanke, becoming the first woman to lead the Federal Reserve in its 100-year history. Yellen, who was confirmed by the Senate last month, was sworn in by Fed Governor Daniel Tarullo, the senior member of...
Obama nominates Yellen to succeed Bernanke at Fed

Obama nominates Yellen to succeed Bernanke at Fed

Washington, AP—In a history-making selection, President Barack Obama has nominated Janet Yellen to be chairman of the Federal Reserve, a critical post as the nation continues its fitful economic recovery. If confirmed she would be the first woman to lead the powerful...