Senate approves Janet Yellen as Fed chair
Reuters
2014-01-07
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The U.S. Senate kicks off its 2014 session and made history by approving Janet Yellen as the first woman to head the Federal Reserve, with a vote of 56 to 26.
Yellen succeeds Ben Bernanke, whose second four-year term ends on January 31.
Yellen has been an unwavering advocate of the Fed's aggressive steps to boost the U.S. economy as it struggled to emerge from a severe economic recession.
The U.S. Senate kicks off its 2014 session and made history by approving Janet Yellen as the first woman to head the Federal Reserve, with a vote of 56 to 26.
Yellen succeeds Ben Bernanke, whose second four-year term ends on January 31.
Yellen has been an unwavering advocate of the Fed's aggressive steps to boost the U.S. economy as it struggled to emerge from a severe economic recession.
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