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Janet Yellen confirmed as Fed chair amid historic first
The Senate voted 56 to 26 to confirm Janet Yellen as head of the Federal Reserve, making her the first woman to lead the central bank. At 67, she will succeed Ben Bernanke on January 31 and faces unwinding the $85 billion monthly bond program while guiding policy back toward normalization.
MENTIONED IN THIS ARTICLE
Yellen
Central Bank
Washington
Senate
Janet Yellen
Federal Reserve
Fed
Ben Bernanke
Bernanke
Kentucky
Jim Bunning
Congress
Chitect
Chuck Grassley
Alowa
Dean Croushore
University of Richmond
Virginia
Federal Reserve Bank of San Francisco
University of California At Berkeley
Obama
Treasury
Lawrence Summers
Summers
Barack Obama
Harvard University
Terry O’neill
National Organization For Women