Janet Yellen

Pres. Barack Obama Nominates Janet Yellen to Head the Federal Reserve

President Barack Obama officially nominated Janet Yellen, vice chairperson of the Federal Reserve to succeed Ben Bernanke who will be retiring from his post. The President encouraged the Senate to approve her appointment immediately...

Summers Exits Fed Candidacy; U.S. Stock Markets Rally

The stock markets in the United States rallied over the decision of former National Council of Economic Director, Lawrence Summers to withdraw his candidacy to become the next head of the Federal Reserve to...

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